If" he who controls the purse makes the rules," then should corporate lenders be able to
nudge borrowers to improve their societal impact? There is growing consensus that firms …

In the television series Severance, employees of Lumon Industries receive brain implants
that divide their memories of work and home life. When employees arrive at work, implants …

Each day new startups with new ideas are born. Without access to financing, brilliant
founders simply cannot bring their most promising enterprises into existence. Upstart …

In the present economic climate in South Africa, sustained growth in terms of job creation
and company expansion is essential. Small businesses in South Africa have the ability to …

While vital to the functioning of any developed economy, debt markets and business lending
have always implicated two major considerations: first, how to efficiently allocate capital from …

In January 2018, then US Secretary of State Rex Tillerson declared that the United States
would keep military forces in Syria even after the end of the conflict with ISIS. As Tillerson …

This study sought to establish the contribution of Credit Risk Management strategies on the
financial stability of commercial banks in Kilifi County. The study used descriptive research …

While vital to the functioning of any developed economy, debt markets and business lending
have always implicated two major considerations: first, how to efficiently allocate capitalfrom …

The following chapter will explain how covenants function as a bilateral creditor protection
device between a bank and a capital debtor company. It will illustrate the debtor company's …

The collective effect of covenants and the event of default clause depends, therefore, on the
bank's conduct. This chapter will first describe the bank's probable self-interested behaviour …