Zobrazeno 1 - 4
of 4
pro vyhledávání: '"Matias Sokolowski"'
Publikováno v:
The Accounting Review. :1-24
We provide evidence that lenders with lower regulatory capital issue loans with lower financial covenant strictness, consistent with such lenders viewing borrower covenant violations as costlier. This is because a borrower covenant violation may lead
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bd29c8bbfaa90a3097fe8ea24814fd6a
https://doi.org/10.2308/tar-2020-0346
https://doi.org/10.2308/tar-2020-0346
Lender financial reporting incentives and loan prioritization during the Paycheck Protection Program
Autor:
Cristina Bailey, Matias Sokolowski
Publikováno v:
Managerial Finance. 48:1707-1725
PurposeThis study contributes to a growing body of literature on the Paycheck Protection Program (PPP) by examining how lender incentives affected prioritization of large borrowers. In addition, this study separately examines incentives for commercia
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c8a9c01631012c5811218e0877aa7efe
https://doi.org/10.1108/mf-11-2021-0530
https://doi.org/10.1108/mf-11-2021-0530
Publikováno v:
Journal of Financial Crime. 29:519-532
Purpose Despite lessons learned from prior disaster relief funding programs, billions of dollars in fraudulent loans were issued by the Paycheck Protection Program (PPP) during the COVID-19 pandemic in the USA. The misuse of funds prevented business
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a87c60010d07f6e45bf5d9279bea07da
https://doi.org/10.1108/jfc-07-2021-0165
https://doi.org/10.1108/jfc-07-2021-0165
Publikováno v:
SSRN Electronic Journal.
Evidence of the effect of lender capital management incentives on debt contract design is sparse. We examine whether regulatory capital adequacy, a first-order concern for banks, is associated with the strictness of financial covenants included in lo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1f1eda698d57f449ddd34d73d25fc804
https://doi.org/10.2139/ssrn.3240916
https://doi.org/10.2139/ssrn.3240916