Andre-Le Pogamp, Florence; El Badraoui, Khalid - In: Brussels Economic Review 56 (2013) 1, pp. 61-81
ABSTRACT:Existing research argues that convertible bonds mitigate issuers’ external financing costs offinancial distress, agency conflicts and informational asymmetry. The purpose of this paper is totest whether callable convertible bonds are designed in response to costly debt- and...
