Thesis-2021-Li.pdf (702.64 kB)
Creditor control rights in debt covenant violations and renegotiation: evidence from private debt agreements
thesisposted on 2021-07-02, 07:47 authored by Xiang Li
Focusing on private debt contracting, this dissertation investigates two pivotal events: loan covenant violations and renegotiation, in three chapters. Specifically, Chapter 1 presents the first research “Insider Trading Signals around Debt Covenant Violations: An Empirical Investigation”. Chapter 2 documents the second research “How Does Inside Information Impact Debt Renegotiation? The Role of Inside Trading”. Chapter 3 shows the third research “Credit Risk Transfers and the 20-year Decline in Loan Covenant Violations”.
- Business and Economics
Rights holder© Xiang Li
NotesA thesis submitted in partial fulfilment of the requirements for the award of the degree of Doctor of Philosophy of Loughborough University.
Supervisor(s)Huainan Zhao ; Hong Liu
This submission includes a signed certificate in addition to the thesis file(s)
- I have submitted a signed certificate