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Published in 2021 at "International Journal of Managerial Finance"
DOI: 10.1108/ijmf-06-2020-0270
Abstract: PurposeThe purpose of this paper is to empirically examine the impact of the bank-appointed directors on the agency costs of debt by using the idiosyncratic risk of stock returns as a measure of agency costs…
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Keywords:
bank;
bank appointed;
appointed directors;
idiosyncratic volatility ... See more keywords