Social Capital and the Municipal Bond Market

We examine the influence of social capital in the municipal bond market. Defined as the norms and networks that encourage cooperation, social capital is a social construct which captures a region’s level of altruism, trustworthiness, and propensity to honor obligations. We expect that municipalities...

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Bibliographic Details
Authors: Li, Pei (Author) ; Tang, Leo (Author) ; Jaggi, Bikki (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Interlibrary Loan:Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany)
Published: 2018
In: Journal of business ethics
Year: 2018, Volume: 153, Issue: 2, Pages: 479-501
Further subjects:B Social Capital
B General obligation bonds
B Bond insurance
B Municipal bonds
Online Access: Volltext (lizenzpflichtig)