The Impact of Financial Constraints on the Convertible Bond Announcement Returns
As of now, very few research studies have examined the effects of financial constraints on the short- and long-term performances of companies after their announcement of convertible bonds. Due to asymmetric information, previous studies consider issuance of convertible bonds as negative news. As a r...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-04-01
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Series: | Economies |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7099/7/2/32 |