Commit to Disagree: Within-Syndicate Argument and you will Syndicated Financing Contracting

Commit to Disagree: Within-Syndicate Argument and you will Syndicated Financing Contracting

Current studies show you to definitely dual proprietors-that is, organizations that on the other hand hold collateral and you can obligations of the same firm-internalize the newest stockholder-creditor conflict and you may end in added bonus positioning between the two functions (Jiang et al. not, mitigation of your own shareholder-collector disagreement comes at the cost of initiating another dispute certainly loan providers.Seguir leyendo