Effects of Law on Corporate Financing Practices - International Evidence from Convertible Bond Issues

2002 ◽  
Author(s):  
Timo P. Korkeamaki
Keyword(s):  
Convertible Bond ◽  
Corporate Financing ◽  
International Evidence ◽  
Bond Issues

Convertible Bond Issues: Evidence from Security Markets

1995 ◽  
Vol 30 (4) ◽  
pp. 781-807 ◽  
Author(s):  
Dileep R. Mehta ◽  
A. Qayyum Khan
Keyword(s):  
Convertible Bond ◽  
Security Markets ◽  
Bond Issues

The Pricing of New Convertible Bond Issues

1984 ◽  
Vol 13 (2) ◽  
pp. 31 ◽  
Author(s):  
M. Wayne Marr ◽  
G. Rodney Thompson
Keyword(s):  
Convertible Bond ◽  
Bond Issues

The Relationship between European Convertible Bond Issues and Corporate Governance: A Study of Electronics Companies in Taiwan

2009 ◽  
Vol 12 (02) ◽  
pp. 309-359 ◽  
Author(s):  
Jen-Hung Huang ◽  
Hyley Huang ◽  
Cheng-Few Lee
Keyword(s):  
Corporate Governance ◽  
Empirical Study ◽  
Market Value ◽  
Convertible Bond ◽  
Debt Ratio ◽  
Publicly Traded ◽  
Bond Issues ◽  
The Relationship

The purpose of this paper is to study the relationship between European convertible bond issues and corporate governance. After reviewing the regulation of Taiwan's ECB issues, we use the data from publicly traded electronics stocks from Taiwan to perform the empirical study. We found that the larger the company's ECB issue size, the higher the premium at the time of the ECB issue. In addition, we also found that the higher the company debt ratio, the lower the ECB issue premium. Finally, we found that the larger the company market value, the larger the size of the ECB issue.

scholarly journals Factors Affecting The Equity Price Impacts Of Convertible Bonds

2011 ◽  
Vol 8 (4) ◽  
pp. 79 ◽  
Author(s):  
Bruce R. Kohlman ◽  
Robert C. Radcliffe
Keyword(s):  
Stock Returns ◽  
Stock Price ◽  
Convertible Bonds ◽  
Equity Returns ◽  
Convertible Bond ◽  
Factors Affecting ◽  
Price Impacts ◽  
Bond Issues ◽  
Abnormal Stock Returns ◽  
Equity Price

This study examines abnormal stock returns associated with both the date a convertible bond issue is announced and the date it is sold. Results suggest the negative stock price effects observed I this and previous studies are due to the equity component inherent in convertible bonds, and an easily observed measure of that equity component is offered. In addition, results suggest that convertible bond issues sold by firms with previously issued outstanding convertibles are met with larger negative abnormal equity returns.

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