How Bankruptcy Punishment Influences the Ex-Ante Design of Debt Contracts?
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More about this item
KeywordsBankruptcy; Credit Lending; Interest Rate; Moral Hazard; Legal Sanctions;
- G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-BAN-2008-07-30 (Banking)
- NEP-CTA-2008-07-30 (Contract Theory & Applications)
- NEP-PPM-2008-07-30 (Project, Program & Portfolio Management)
- NEP-REG-2008-07-30 (Regulation)
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