Weisbach, Michael S.; Kim, Woojin; Julio, Brandon - 2007
"Publicly-traded debt securities differ on a number of dimensions, including quality, maturity, seniority, security … opportunities and cash holdings are related with the convertibility, maturity and security structure of issued bonds. Second … of securities that are issued. Consistent with commonly stated 'maturity-matching' arguments, long-term, nonconvertible …