Financial Contracting and Leverage Induced Over- and Under-Investment Incentives

• 1 July 1990
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 45  (3) , 765-794
• https://doi.org/10.2307/2328792

Abstract

Keywords

• INVESTMENT INCENTIVE
• OVER
• SENIORITY RULE
• VICE
• FINANCING
• UNDER
• DIVIDEND CONVENANTS