Nigbur, Tobias - In: Financial Markets and Portfolio Management 29 (2015) 1, pp. 61-79
<Para ID="Par2">In this paper, I examine the impact of in-the-money convertible bond calls on stock prices, employing a sample of US convertible bond calls over the period 1994–2011. In contrast to previous literature, I find that conversion-forcing convertible bond calls do not significantly influence stock...</para>