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Creditor control rights in debt covenant violations and renegotiation: evidence from private debt agreements

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thesis
posted on 02.07.2021, 07:47 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”.

History

School

  • Business and Economics

Department

  • Business

Publisher

Loughborough University

Rights holder

© Xiang Li

Publication date

2021

Notes

A thesis submitted in partial fulfilment of the requirements for the award of the degree of Doctor of Philosophy of Loughborough University.

Language

en

Supervisor(s)

Huainan Zhao ; Hong Liu

Qualification name

PhD

Qualification level

Doctoral

This submission includes a signed certificate in addition to the thesis file(s)

I have submitted a signed certificate