debt issues
The Signaling Effect of Durations between Equity and Debt Issues
... Table 5 show results for model (4) that examines durations between subsequent seasoned issues. We continue to find that the recent stock price run-up shortens the time to both seasoned equity and debt ...
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The Maturity of Debt Issues and Predictable Variation in Bond Returns
... between debt issue maturity and market conditions, which display the bulk of their variation at horizons longer than a few ...the debt market timing ...to debt market conditions. Section 3 uses ...
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The Corporate Choice between Public Debt, Bank Loans, Traditional Private Debt Placements, and 144A Debt Issues
... corporate debt issues to date, I find that firms that issue 144A debt have significantly lower credit quality and higher information asymmetry than firms that issue traditional non-bank private ...
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The maturity of debt issues and predictable variation in bond returns*
... The next two rows examine the stability of the relationships over time. We split the sample into halves (1954-1976, 1977-2000). The long-term share is significant and large within the later half but not the earlier half. ...
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The timing of new corporate debt issues and the risk-return tradeoff
... of debt issue announcements by publicly traded firms listed on the London Stock ...of debt issues is fundamental in determining the relationship between leverage and risk- adjusted ...make ...
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Interest Rates and the Timing of Corporate Debt Issues *
... examine debt maturity relative to a measure of the quality of the issuing firm, the firm’s growth opportunities, and the size of the ...the debt maturity decision with a sample of over 7,000 debt ...
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Public debt: issues, challenges and trends in india
... the issues challenges and trends of public debt in India since ...public debt and then gives a brief overview on the concept of Public ...public debt in which the views of various authors on ...
6
Financial Statement Comparability and New Debt Issues
... 11 BETAV -0.20 0.20 -0.21 -0.21 -0.21 -0.22 0.02 0.04 0.01 -0.06 1 12 AA_PM 0.01 0.03 0.05 0.09 -0.20 -0.14 -0.04 0.15 -0.03 0.22 0.04 This table reports Pearson correlation for bond rating, yield spread, comparability ...
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How Different is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues
... The abnormal returns are negatively related to firm size, so that for equity issues (but not for convertible debt issues), large Japanese firms have significant negative announcement abn[r] ...
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Convertible Debt and Shareholder Incentives
... Table 4: Risk-shifting incentives (RSI) and the announcement effect of convertible debt issues - Main results. Displayed are results of linear regressions of abnormal returns on RSI and control variables. ...
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Hornuf, Lars (2011): Regulatory Competition in European Corporate and Capital Market Law: An Empirical Analysis. Dissertation, LMU München: Volkswirtschaftliche Fakultät
... border issues may result from a different data generating process (Baltagi ...for debt securities and hence do not attract any foreign debt ...
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6. Funding issues and debt management
... issuing debt. The proportion of corporate spending financed from equity issues and from debt can be, and very frequently has been, negative as share repurchases can exceed new share issues, ...
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Case Study. Tanzania JUNE 2001
... MoF debt committee, periodic meetings and reports between the units, and so ...internal debt committee would have the participation of staff from the various units involved with debt management, ...
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The Determinants of the Debt Maturity Decision for Real Estate Investment Trusts
... short-term debt to control agency ...incremental debt issues and the market-to-book ...incremental debt, the result is not statistically ...all debt is analyzed in Exhibit 6 and the ...
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An Empirical Investigation of Debt Contract Design: The Determinants of the Choice of Debt Terms in Eurobond Issues
... for debt issues is affected by tax ...long-term debt due to the time- value of the interest tax shield (Brick and Ravid (1985)) or the repurchase-premium tax savings (Mauer and Lewellen ...risky ...
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Hot debt market - Adverse selection costs as a debt issue driver
... hot debt issues over the ...hot issues are made in the first half of month, especially during the second ...equity issues close after an earnings ...of debt issues in the months ...
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Understanding automated and human-based technical debt identification approaches-a two-phase study
... of debt that represented the greatest agree- ment between the human-elicited TD items and the automatically detected TD was defect ...defect debt represents known defects that have been allowed to persist ...
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Sovereign Debt in Advanced Economies: Overview and Issues for Congress
... make debt repayments, while providing time for the governments to implement reforms that improve each country’s fiscal position and regain investor ...public debt “crowding out” private ...
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Debt Sustainability Issues in the Central and Eastern European Countries
... sustainability issues for many of the European Union (EU) countries even before the crisis ...public debt in several CEECs, except Poland and Czech ...public debt whilst for the cases of Latvia, ...
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2. Risks to the financial sector and its resilience
... different debt instruments with different degrees of subordination and associated costs that are higher than those of senior debt or secured instruments such as covered ...subordinated debt ...
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