000 -LEADER |
fixed length control field |
05576nam a22006375i 4500 |
001 - CONTROL NUMBER |
control field |
u1420212 |
005 - DATE AND TIME OF LATEST TRANSACTION |
control field |
20211226174244.0 |
007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION |
fixed length control field |
cr nn 008mamaa |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
fixed length control field |
171017s2017 gw | s |||| 0|eng d |
020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
International Standard Book Number |
9783319620367 |
-- |
978-3-319-62036-7 |
024 7# - OTHER STANDARD IDENTIFIER |
Standard number or code |
10.1007/978-3-319-62036-7 |
Source of number or code |
doi |
050 #4 - LIBRARY OF CONGRESS CALL NUMBER |
Classification number |
K7000-7720.22 |
050 #4 - LIBRARY OF CONGRESS CALL NUMBER |
Classification number |
K7073-7078 |
072 #7 - SUBJECT CATEGORY CODE |
Subject category code |
LAM |
Source |
bicssc |
072 #7 - SUBJECT CATEGORY CODE |
Subject category code |
LAW016000 |
Source |
bisacsh |
072 #7 - SUBJECT CATEGORY CODE |
Subject category code |
LAW051000 |
Source |
bisacsh |
072 #7 - SUBJECT CATEGORY CODE |
Subject category code |
LB |
Source |
bicssc |
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER |
Classification number |
340.2 |
Edition number |
23 |
082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER |
Classification number |
340.9 |
Edition number |
23 |
100 1# - MAIN ENTRY--PERSONAL NAME |
Personal name |
Matri, Daniela. |
Relator term |
author. |
245 10 - TITLE STATEMENT |
Title |
Covenants and Third-Party Creditors |
Medium |
[electronic resource] : |
Remainder of title |
Empirical and Law & Economics Insights Into a Common Pool Problem / |
Statement of responsibility, etc. |
by Daniela Matri. |
264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE |
Place of production, publication, distribution, manufacture |
Cham : |
Name of producer, publisher, distributor, manufacturer |
Springer International Publishing : |
-- |
Imprint: Springer, |
Date of production, publication, distribution, manufacture, or copyright notice |
2017. |
300 ## - PHYSICAL DESCRIPTION |
Extent |
XVII, 265 p. 7 illus., 4 illus. in color. |
Other physical details |
online resource. |
336 ## - CONTENT TYPE |
Content type term |
text |
Content type code |
txt |
Source |
rdacontent |
337 ## - MEDIA TYPE |
Media type term |
computer |
Media type code |
c |
Source |
rdamedia |
338 ## - CARRIER TYPE |
Carrier type term |
online resource |
Carrier type code |
cr |
Source |
rdacarrier |
347 ## - DIGITAL FILE CHARACTERISTICS |
File type |
text file |
Encoding format |
PDF |
Source |
rda |
505 0# - FORMATTED CONTENTS NOTE |
Formatted contents note |
Part I ─ Theoretical Framework and Development of Research Question: 1 Introduction ─ Covenants and Third-party Creditors -- 2 Self-help Devices of Creditor Protection -- 3 Covenants and Bilateral Creditor Protection -- Part II ─ The Systematisation of Third-party Creditor Effects of Covenants: Preliminary Framework: 4 Academic Discussion and the Relevance of Third-party Creditor Protection -- 5 Potential Externalities of the Bilateral Governance System -- 6 The Self-interested Behaviour of Banks and Its Legal Limits -- Part III ─ Empirical Research: Results and Re-evaluation of Preliminary Theory: 7 Design and Methodology -- 8 Results ─ Covenants as a Reciprocal Private Governance Creditor Protection System -- 9 Re-evaluation − Collectivisation of Creditor Protection Through Private Governance -- 10 Consequences for Legal Discussion -- Part IV ─ Summary and Outlook: 11 Summary -- 12 Outlook. |
520 ## - SUMMARY, ETC. |
Summary, etc |
This book adds to the debate on the effects of covenants on third-party creditors (externalities), which have recently become a focus of discussion in the contexts of bankruptcy law, corporate law and corporate governance. The general thrust of the debate is that negative effects on third-party creditors predominate because banks act in their own self-interest. After systematising the debated potential positive and negative externalities of covenants, the book empirically examines these externalities: It investigates the banks' factual conduct and its effects on third-party creditors in Germany and the US. The study's most significant outcome is that it disproves the assumption that banks disregard third-party creditors' interests. These findings are then interpreted with the tools of economic analysis; particularly, with the concept of common pool resources (CPRs). Around the aggregated value of the debtor company's asset pool (as CPR) exists an n-person prisoner's dilemma between banks and third-party creditors: No creditor knows when and under what conditions the other creditor will appropriate funds from the debtor company's asset pool. This coordination problem is traditionally addressed by means of bankruptcy law and collaterals. However, the incentive structure that surrounds the bilateral private governance system created by covenants and an event of default clause (a CPR private governance system) is found to also be capable of tackling this problem. Moreover, the interaction between the different regulation spheres - bankruptcy law, collateral and the CPR private governance system − has important implications for both the aforementioned discussions as well as the legal treatment of covenants and event of default clauses. Covenants alone cannot be seen as an alternative to institutional regulation; the complete CPR private governance system and its interaction with institutional regulation must also be taken into consideration. In addition, their function must first find more acceptance and respect in the legal treatment of covenants and event of default clauses: The CPR private governance system fills a gap in the regulation of the tragedy of the commons by bankruptcy law and collateral. This has particularly important implications for the German § 138 BGB, § 826 BGB and ad hoc duties to disclose insider information. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Law. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Business enterprises |
General subdivision |
Finance. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Corporations |
General subdivision |
Finance. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Commercial law. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Private international law. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Conflict of laws. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
International law. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Comparative law. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Trade. |
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Law and economics. |
650 14 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Law. |
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Private International Law, International & Foreign Law, Comparative Law. |
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Business Finance. |
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
International Economic Law, Trade Law. |
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Law and Economics. |
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Corporate Finance. |
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM |
Topical term or geographic name entry element |
Commercial Law. |
710 2# - ADDED ENTRY--CORPORATE NAME |
Corporate name or jurisdiction name as entry element |
SpringerLink (Online service) |
773 0# - HOST ITEM ENTRY |
Title |
Springer eBooks |
776 08 - ADDITIONAL PHYSICAL FORM ENTRY |
Display text |
Printed edition: |
International Standard Book Number |
9783319620350 |
856 40 - ELECTRONIC LOCATION AND ACCESS |
Materials specified |
e-book |
Public note |
Full-text access |
Uniform Resource Identifier |
<a href="https://ezproxy.mef.edu.tr/login?url=https://dx.doi.org/10.1007/978-3-319-62036-7">https://ezproxy.mef.edu.tr/login?url=https://dx.doi.org/10.1007/978-3-319-62036-7</a> |
942 ## - ADDED ENTRY ELEMENTS (KOHA) |
Source of classification or shelving scheme |
|
Koha item type |
E-Books |
596 ## - - |
- |
5 |
003 - CONTROL NUMBER IDENTIFIER |
control field |
KOHA |
912 ## - |
-- |
ZDB-2-LCR |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) |
-- |
LC |
-- |
1420212-1001 |
-- |
NATURE |
-- |
MEF-EBOOK |
-- |
Y |
-- |
Y |
-- |
EBOOK |
-- |
11/9/2018 |
-- |
SATIN |
-- |
ENGLISH |
-- |
KÜTÜPHANE |
-- |
SPR-LAW-CR |