Zeidler, Felix; Mietzner, Mark; Schiereck, Dirk - In: Journal of Corporate Finance 18 (2012) 2, pp. 273-290
This paper analyzes the risk dynamics surrounding convertible bond offerings (CBOs) and Seasoned Equity Offerings (SEOs). As convertible bonds are commonly believed to be very effective at mitigating adverse selection or overinvestment problems we would expect differing risk and return patterns...