The Effect of Managerial Stockownership on the Maturity of Corporate Bond
碩士 === 元智大學 === 財務金融學系 === 94 === In my first part, we following the Datta (2005) methodology document that managerial stockownership effect debt maturity. From the multivariable regression result we prove managerial will effect the debt maturity. However, 5-year debt and 20-year debt have the same...
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| Format: | Others |
| Language: | en_US |
| Published: |
2006
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| Online Access: | http://ndltd.ncl.edu.tw/handle/96766404277703799355 |
| Summary: | 碩士 === 元智大學 === 財務金融學系 === 94 === In my first part, we following the Datta (2005) methodology document that managerial stockownership effect debt maturity. From the multivariable regression result we prove managerial will effect the debt maturity. However, 5-year debt and 20-year debt have the same definition within the Datta (2005) research. It is not reasonable for company to treat 5-year debt and 20-year debt as same definition. In second part, we use the precise model (duration model).
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