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Document type:
Zeitschriftenaufsatz 
Author(s):
Achleitner, A.K.; Braun, R.; Hinterramskogler, B.; Tappeiner, F. 
Non-TUM Co-author(s):
nein 
Cooperation:
Title:
Structure and determinants of financial covenants in leveraged buyouts 
Abstract:
We use a proprietary dataset to explore (i) the financial cove nant structure and (ii) the determinants of their restrictiveness in levera ged buyouts. With respect to (i) we find that the covenant structure is more standardized in s ponsored than in non-sponsored loans: the former show less variation in the in cluded types and combinations of covenants and include more financial covenants than the latter. With resp ect to (ii) we measure financial covenant restrictiveness precisely as th e dist...    »
 
Intellectual Contribution:
Discipline-based Research 
Journal title:
Review of Finance 
Journal listet in FT50 ranking:
Review of Finance 
Year:
2012 
Journal volume:
16 
Journal issue:
Pages contribution:
647-684 
Print-ISSN:
1572-3097 
Key publication:
Nein 
Peer reviewed:
Ja 
International:
Ja 
Book review:
Nein 
Commissioned:
not commissioned 
Professional Journal:
Nein 
Interdisciplinarity:
Ja 
Mission statement: