Low, Angie (contributor); Makhija, Anil K. (contributor); … - 2007
mixed, based on the three studies focused
on the impact of shareholder power on bondholders (Bhojraj and Sengupta, 2003 (BS … far, the extant work is vulnerable to the criticism that
Demsetz and Lehn (1985) level against cross-sectional studies … firm.
2
In addition, other studies, such as by Anderson, Mansi, and Reeb (2002) on the impact of founding families on …