Liquidity, Market Timing, and Debt Maturity Structure
碩士 === 國立臺灣大學 === 財務金融學研究所 === 102 === Baker, Greenwood, and Wurgler (2003) found that they can use term spread to predict future excess bond returns, and the maturity of new debt issues of firms is connected to the excess bond returns. This is an action of debt market timing. Moreover, He and Xiong...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/36892585894500190552 |