When do American CEOs have covenants not to compete (CNCs) in their employment contracts? To answer this question, we collected a random sample of nearly 1000 CEO employment contracts for 500 companies randomly selected from the S&P 1500 for the time period 1996 to 2010. Our main findings are...

The first study focuses on inventory investments of two sets of Indian manufacturing firms: issuers and non-issuers firms of publicly issued debt during 1996-1997, a time period of robust economic growth and simultaneously an inward shift in the supply of bank loans hypothesized to have been...