The Effects of ESOs on Corporate Bond Yield Spreads: From the Agency and Information Asymmetry Perspectives

碩士 === 輔仁大學 === 金融研究所 === 98 === This study examines the effects of Employee Stock Option (ESOs) on bond yield spreads from agency and information asymmetry perspectives by 12,215 American bond observations from 1994 to 2008. This study finds that the overall ESOs effects on bond yield spreads are s...

Full description

Bibliographic Details
Main Authors: Cheng-Ming Chi, 紀政銘
Other Authors: Tsung-Kang Chen
Format: Others
Language:zh-TW
Published: 2010
Online Access:http://ndltd.ncl.edu.tw/handle/81986723787296607814