The role and rights of debtholders in corporate governance:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: de Oliveira, Caio (VerfasserIn)
Weitere beteiligte Personen: Magnusson, Carl Magnus (MitwirkendeR), Mulazimoglu, Tugba (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Paris OECD Publishing 2022
Schriftenreihe:OECD Corporate Governance Working Papers no.23
Schlagwörter:
Links:https://doi.org/10.1787/d6b7cca5-en
Abstract:This paper provides an overview of developments in non-financial corporate bond markets over the past two decades with respect to their size and credit quality, as well as trends related to insolvency and restructuring. It then explores the role of bondholders in corporate governance, both in normal times and in times of financial distress, and the governance implications of longstanding increases in bond financing by the non-financial sector. In particular, challenges related to bondholder rights, corporate disclosure, the responsibilities of corporate boards, institutional investors and insolvency are discussed
Umfang:1 Online-Ressource (37 Seiten)
DOI:10.1787/d6b7cca5-en