Dutordoir, Marie; Strong, Norman; Ziegan, Marius C. - In: Journal of Corporate Finance 24 (2014) C, pp. 80-100
We examine the influence of corporate governance quality on firms' choice between convertible debt, straight debt, and equity using a Western European sample of security offerings made between 2000 and 2010. We find that weaker firm-specific and country-specific corporate governance quality...