Author: Jukka Vauhkonen
Publisher:
ISBN:
Category : Bank investment contracts
Languages : en
Pages : 148
Book Description
Tiivistelmä.
Essays on Financial Contracting
Author: Jukka Vauhkonen
Publisher:
ISBN:
Category : Bank investment contracts
Languages : en
Pages : 148
Book Description
Tiivistelmä.
Publisher:
ISBN:
Category : Bank investment contracts
Languages : en
Pages : 148
Book Description
Tiivistelmä.
Three Essays on Financial Contracting
Author: Christopher J. Tamm
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 108
Book Description
In these essays, I examine the characteristics of financial contracts around Chapter 11 bankruptcy. In the first essay, I document significant changes firms make in the type and characteristics of its debt and equity securities during bankruptcy. The changes I find indicate that firms are using Chapter 11 to increase their financial flexibility after emergence. In the second essay, I compare the characteristics of warrants issued by firms during initial public offerings with those of warrants issued by firms emerging from bankruptcy. I show that the characteristics are very different for the warrants issued in each category. Warrants issued by firms emerging from Chapter 11 tend to have very little managerial flexibility, and are instead designed to placate junior creditors to allow a faster emergence from bankruptcy. In the third essay, I examine the financial covenants and restrictions in debt securities issued shortly after emerging from chapter 11. I find the firms with more covenants and restrictions are less likely to refile for bankruptcy.
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 108
Book Description
In these essays, I examine the characteristics of financial contracts around Chapter 11 bankruptcy. In the first essay, I document significant changes firms make in the type and characteristics of its debt and equity securities during bankruptcy. The changes I find indicate that firms are using Chapter 11 to increase their financial flexibility after emergence. In the second essay, I compare the characteristics of warrants issued by firms during initial public offerings with those of warrants issued by firms emerging from bankruptcy. I show that the characteristics are very different for the warrants issued in each category. Warrants issued by firms emerging from Chapter 11 tend to have very little managerial flexibility, and are instead designed to placate junior creditors to allow a faster emergence from bankruptcy. In the third essay, I examine the financial covenants and restrictions in debt securities issued shortly after emerging from chapter 11. I find the firms with more covenants and restrictions are less likely to refile for bankruptcy.
Two essays on financial contracting
Author: Jing Wang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Two Essays in Financial Contracting
Author: Guilhierme Cortella Marone
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 92
Book Description
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 92
Book Description
Two essays on financial contracting with imperfect information
Author: Rafael J. Bautista-Mena
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Essays on Financial Contracting and Debt
Author: Paulo Augusto Pettenuzzo De Britto
Publisher:
ISBN:
Category :
Languages : en
Pages : 136
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 136
Book Description
Two Essays on Financial Contracting
Author: Zilong Zhang
Publisher:
ISBN:
Category : Commercial credit
Languages : en
Pages : 95
Book Description
Publisher:
ISBN:
Category : Commercial credit
Languages : en
Pages : 95
Book Description
Biblioth. nationale
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Three Essays in Financial Contracting
Author: Saltuk Ozerturk
Publisher:
ISBN:
Category :
Languages : en
Pages : 236
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 236
Book Description
Three Essays on Financial Contracts
Author: Diego García
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
Book Description