Profitability and characteristics of the Risk Arbitrage: Evidences from leveraged buyouts in U.S.
碩士 === 國立交通大學 === 財務金融研究所 === 96 === This paper explores the performance of leveraged buyouts on risk arbitrage over the period of 1991-2006. Our results reveal that a portfolio of risk arbitrage positions in leveraged buyouts produces annual arbitrage returns of 12%. By dividing risk arbitrage retu...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2008
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| Online Access: | http://ndltd.ncl.edu.tw/handle/36452142962903813370 |