Analyzing wealth effects for bondholders: new insight on major corporate events from the debtholders’ perspective
Auteur :
Maul, Daniel
Éditeur :
Peter Lang AG
ISBN :
9783631671191
Date de publication :
8 mars 2016
Dimensions :
21,0 x 14,8 cm
Poids :
290 g
Langue :
Anglais
Pays d'origine :
Suisse
The book examines the impact of firm events on bondholder wealth. First, the methodologies of papers that conduct bond event studies are reviewed. Second, the impact of synergy forecasts at M&A announcements on corporate debt and equity securities is investigated. Finally, regular debt offerings are compared to reopenings of corporate bonds.