Ettenhuber, Christoph; Schiereck, Dirk - In: International Journal of Energy Sector Management 9 (2015) 2, pp. 274-292
Purpose – The purpose of this paper is to show how convertible debt is used in the renewable energy industry. The authors argue that there is an investor rationing component to the design and market impact of convertible debt securities. Design/methodology/approach – The authors apply event...