CONFLICT BETWEEN BONDHOLDERS AND STOCKHOLDERS


Meaning of CONFLICT BETWEEN BONDHOLDERS AND STOCKHOLDERS in English

These two groups may have interests in a corporation that conflict. Sources of conflict include dividends , distortion of investment, and underinvestment. Protective covenants work to resolve these conflicts.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.