The Effect of State Antitakeover Laws on the Firm's Bondholders

By Bill B. Francis, Iftekhar Hasan, Kose John, Maya Waisman. 2010

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Company reputation and the cost of equity capital (2014, unknown): “2010) and anti-takeover provisions (Ashbaugh-Skaife et al. 2006; Francis et al. 2010).”
Corporate Governance and the Cost of Debt: Evidence from Director Limited Liability and Indemnification Provisions (2011, background): “…the significance of other state laws, which may be correlated with states’ liability or indemnification statutes.36 We thus include controls for the relevant state laws as suggested by the literature to check the robustness of our findings (Romano, 2006; Mansi et al., 2009; Francis et al., 2010).”
Corporate Governance, Accounting and Finance: A Review (2011, unknown): “, 2006) and a lower cost of debt (Francis et al., 2010).”
Corporate governance and the information environment: Evidence from state antitakeover laws ☆ (2012, background): “recently, Francis et al. (2009) find that the state antitakeover laws led to a decrease in bond”