Corporate governance 2006: Caveat creditor

While the current stage in the leverage cycle benefits corporate borrowers, concern has been raised about the protection that bondholders receive against declining ratings and event risk. Does good corporate governance have anything to offer this set of stakeholders, and should it have? Florian Neuhof reports.

Full results

Corporate governance: Methodology

ARE BONDHOLDERS GETTING their due from efforts to improve corporate governance? “As corporate governance specialists, we don’t often look much at the interests of creditors,” says David Paterson, head of research at RREV, a provider of corporate governance services. Paterson’s rationale is simple, and reflects the consensus among his colleagues: corporate governance is there to ensure that shareholders, as owners of a company, are able to protect their interests against failings at management level.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access