Denouncing Odious Debts

Economists have suggested it was optimal to signal the odious character of bonds when they were issued. However, since the odious debt doctrine has not been recognized by any court, one could argue that denouncing odious debts is useless. Exploiting a unique historical episode, this paper quantifies...

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Bibliographic Details
Authors: Collet, Stephanie (Author) ; Oosterlinck, Kim (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2019
In: Journal of business ethics
Year: 2019, Volume: 160, Issue: 1, Pages: 205-223
Further subjects:B Financial history
B Ethics
B Odious debt
B F34
B Repudiation
B G12
B G15
B Sovereign debt
B N23
B Russia
Online Access: Volltext (lizenzpflichtig)