![HoF Logo](/xmlui/themes/Mirage2/images/HoF_Titel-698-320.png)
Suche
Anzeige der Dokumente 1-1 von 1
Direct and Indirect Risk-Taking Incentives of Inside Debt
(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 ...