Blar i BI Open på forfatter "Rosen, Samuel"
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Market Discipline in the Direct Lending Space
Davydiuk, Tetiana; Marchuk, Tatyana; Rosen, Samuel (Journal article; Peer reviewed, 2023)Using the exclusion of business development companies (BDCs) from stock indexes, this paper studies the effectiveness of market discipline in the direct lending space. Amid share sell-offs by institutional investors, a ...