Accounting information in the market for debt : a case study
With public debt financing being more readily available, the conflict of interests between bondholders and shareholders has grown into a topic of much interest. This conflict arises because managers who control the firm’s resources, are assumed to be acting in the interests of shareholders at the ex...
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Format: | Final Year Project (FYP) |
Language: | English |
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2014
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Online Access: | http://hdl.handle.net/10356/55558 |
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author | Chua, Lay Suan Mun, Sook Yeng Yeo, Shu Lin |
author2 | Nanyang Business School |
author_facet | Nanyang Business School Chua, Lay Suan Mun, Sook Yeng Yeo, Shu Lin |
author_sort | Chua, Lay Suan |
collection | NTU |
description | With public debt financing being more readily available, the conflict of interests between bondholders and shareholders has grown into a topic of much interest. This conflict arises because managers who control the firm’s resources, are assumed to be acting in the interests of shareholders at the expense of bondholders. As a result, various contracting mechanisms arise to limit the manager’s opportunistic behaviour. The debt contract is one of the primary mechanism. |
first_indexed | 2024-10-01T03:59:15Z |
format | Final Year Project (FYP) |
id | ntu-10356/55558 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T03:59:15Z |
publishDate | 2014 |
record_format | dspace |
spelling | ntu-10356/555582023-05-19T03:30:05Z Accounting information in the market for debt : a case study Chua, Lay Suan Mun, Sook Yeng Yeo, Shu Lin Nanyang Business School Chan Yoke Kai DRNTU::Business::Accounting With public debt financing being more readily available, the conflict of interests between bondholders and shareholders has grown into a topic of much interest. This conflict arises because managers who control the firm’s resources, are assumed to be acting in the interests of shareholders at the expense of bondholders. As a result, various contracting mechanisms arise to limit the manager’s opportunistic behaviour. The debt contract is one of the primary mechanism. ACCOUNTANCY 2014-03-13T03:41:13Z 2014-03-13T03:41:13Z 1995 1995 Final Year Project (FYP) http://hdl.handle.net/10356/55558 en Nanyang Technological University 103 p. application/pdf |
spellingShingle | DRNTU::Business::Accounting Chua, Lay Suan Mun, Sook Yeng Yeo, Shu Lin Accounting information in the market for debt : a case study |
title | Accounting information in the market for debt : a case study |
title_full | Accounting information in the market for debt : a case study |
title_fullStr | Accounting information in the market for debt : a case study |
title_full_unstemmed | Accounting information in the market for debt : a case study |
title_short | Accounting information in the market for debt : a case study |
title_sort | accounting information in the market for debt a case study |
topic | DRNTU::Business::Accounting |
url | http://hdl.handle.net/10356/55558 |
work_keys_str_mv | AT chualaysuan accountinginformationinthemarketfordebtacasestudy AT munsookyeng accountinginformationinthemarketfordebtacasestudy AT yeoshulin accountinginformationinthemarketfordebtacasestudy |