Fiduciary Duties and Equity-Debtholder Conflicts
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Fiduciary Duties and Equity‐Debtholder Conflicts
Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Abstract. We use an important legal event as a natural experiment to examine the effect of management fiduciary duties on equity‐debt conflicts. A 1991 Delawar...
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