Showing 1 - 10 of 3,229
Persistent link: https://www.econbiz.de/10003765081
Persistent link: https://www.econbiz.de/10003817483
Persistent link: https://www.econbiz.de/10008663611
Persistent link: https://www.econbiz.de/10009162042
Persistent link: https://www.econbiz.de/10010243518
Persistent link: https://www.econbiz.de/10009673711
We develop a model to examine the timing of investment decisions in relation to the issuance of convertible debt by firms. Our model shows that when the demand shock has higher volatility, the firm finances the investment cost with high-coupon convertible debt. We find that default occurs...
Persistent link: https://www.econbiz.de/10013115186
Persistent link: https://www.econbiz.de/10014251924
Persistent link: https://www.econbiz.de/10014312368
Persistent link: https://www.econbiz.de/10000753893