that bond prices rise, equity prices fall, and the volatility of both securities drops for firms whose CEOs have sizeable …

volatility skew” are negatively related to event period abnormal returns for accelerated share repurchases (ASRs) announcements …

, when new disclosure rules took effect. We find that bond prices rise, equity prices fall, and the volatility of both …

-termist pressure. More informative stock prices reduce the agency cost of incentivizing managers. Also, shortening a firm's project …

This study aims to investigate the effect of bond issuance announcements and to determine the company characteristics … that could influence this effect. The findings reveal positive cumulative average abnormal returns following bond issuances …, indicating that the market considers bond offers to be favorable news. Nevertheless, cross-sectional regression analysis shows an …

We analyze trading opportunities that arise from differences between the bond and the CDS market. By simultaneously … entering a position in a CDS contract and the underlying bond, traders can build a default-risk free position that allows them … to repeatedly earn the difference between the bond asset swap spread and the CDS, known as the basis. We show that the …