• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

A study of covenants : the developing Norwegian corporate bond market

Thoresen, Stian Dahl; Tobiassen, Terje
Master thesis
Thumbnail
View/Open
Thoresen 2008.pdf (1.362Mb)
URI
http://hdl.handle.net/11250/168131
Date
2008
Metadata
Show full item record
Collections
  • Master Thesis [4207]
Abstract
We perform an initial study on the field of covenants and its use in corporate bonds in Norway.

Based on the respective loan agreements, we construct a database that includes key bond and

issuer characteristics and the covenants, containing close to all the issues in the period between

01/01/1998 and 03/31/2008. We find that the use of covenants has increased significantly, and

the market has obtained experience and become more professional within several dimensions.

Furthermore, we find that several bond characteristics influence the use of covenants. However,

our study does not find concluding evidence of a relationship between covenants and firm

specific variables.

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit