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Oct 5

Brownbag Lunch with Hue Hwa Au Yong

This event is part of the Finance Seminar Series series.

Delivery Method: In Person
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Location:

Gerri C. LeBow Hall
1139
3220 Market Street
Philadelphia, PA 19104

Registration Option:

General

We investigate whether executive compensation can serve as a governance mechanism for reducing debt covenant violations. We show that firms are significantly less likely to violate debt covenants when their CEOs hold more inside debt (defined-benefit pensions and deferred compensation) relative to equity.

Speakers
Hue Hwa Au Yong

Deputy Director of Education, Monash University

Finished project: Financial Tunneling: Shareholder protection and wealth changes during two decades of capital management activities in Australia

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Chuck Fang, PhD

Gerri C. LeBow Hall 1125