Dutordoir, Marie; Lewis, Craig; Seward, James; Veld, Chris - In: Journal of Corporate Finance 24 (2014) C, pp. 3-20
We review the literature on the issuance motives, shareholder wealth effects, and design of convertible bonds. Empirical studies on convertible debt issuance mainly focus on testing the predictions of four traditional theoretical models based on convertibles' potential to mitigate agency or...