Chang, Chong-Chuo; Kam, Tai-Yung; Chien, Chih-Chung; … - In: Economies : open access journal 7 (2019) 2/32, pp. 1-9
As of now, very few research studies have examined the effects of financial constraints on the short- and long-term performances of companies after their announcement of convertible bonds. Due to asymmetric information, previous studies consider issuance of convertible bonds as negative news. As...
