Auflistung LIF-SAFE Working Papers nach Autor "Ngoc Giang Hoang"
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Direct and Indirect Risk-Taking Incentives of Inside Debt
Colonnello, Stefano; Curatola, Giuliano; Ngoc Giang Hoang (2016-07-16)We develop a model of managerial compensation structure and asset risk choice. The model provides predictions about the relation between credit spreads and different compensation components. First, we show that credit ...