Matches in SemOpenAlex for { <https://semopenalex.org/work/W143422794> ?p ?o ?g. }
Showing items 1 to 63 of
63
with 100 items per page.
- W143422794 abstract "This paper presents an empirical analysis on U.S. callable defaultable bonds whosecontracts include a make-whole call provision. Our first objective is the test of a covenanteffect on bond price. Comparing two samples of 323 make-whole call bonds and759 non callable bonds from 133 identical firms, we provide evidence that make wholecall bonds offer better returns than their equivalent non callable. Our study also focuseson the explanatory potential of growth opportunities to indorse the existence of makewholecallable bonds. A comparision is also displayed with 70 regular callable bondsextraced from 37 firms. Furthermore, we observe that contrary to traditional call provisions,make-whole ones are rarely exercised, a behaviour that seems difficult to explainwith call prices, frequently overcome by bond prices." @default.
- W143422794 created "2016-06-24" @default.
- W143422794 creator A5004352069 @default.
- W143422794 creator A5004649633 @default.
- W143422794 creator A5017512913 @default.
- W143422794 date "2009-05-01" @default.
- W143422794 modified "2023-09-27" @default.
- W143422794 title "Make-whole callable bonds:Covenant yield premium insights" @default.
- W143422794 hasPublicationYear "2009" @default.
- W143422794 type Work @default.
- W143422794 sameAs 143422794 @default.
- W143422794 citedByCount "0" @default.
- W143422794 crossrefType "posted-content" @default.
- W143422794 hasAuthorship W143422794A5004352069 @default.
- W143422794 hasAuthorship W143422794A5004649633 @default.
- W143422794 hasAuthorship W143422794A5017512913 @default.
- W143422794 hasConcept C10138342 @default.
- W143422794 hasConcept C106159729 @default.
- W143422794 hasConcept C134121241 @default.
- W143422794 hasConcept C144133560 @default.
- W143422794 hasConcept C162324750 @default.
- W143422794 hasConcept C191897082 @default.
- W143422794 hasConcept C192562407 @default.
- W143422794 hasConcept C556758197 @default.
- W143422794 hasConcept C69738904 @default.
- W143422794 hasConcept C96252135 @default.
- W143422794 hasConceptScore W143422794C10138342 @default.
- W143422794 hasConceptScore W143422794C106159729 @default.
- W143422794 hasConceptScore W143422794C134121241 @default.
- W143422794 hasConceptScore W143422794C144133560 @default.
- W143422794 hasConceptScore W143422794C162324750 @default.
- W143422794 hasConceptScore W143422794C191897082 @default.
- W143422794 hasConceptScore W143422794C192562407 @default.
- W143422794 hasConceptScore W143422794C556758197 @default.
- W143422794 hasConceptScore W143422794C69738904 @default.
- W143422794 hasConceptScore W143422794C96252135 @default.
- W143422794 hasLocation W1434227941 @default.
- W143422794 hasOpenAccess W143422794 @default.
- W143422794 hasPrimaryLocation W1434227941 @default.
- W143422794 hasRelatedWork W1514049613 @default.
- W143422794 hasRelatedWork W1538484140 @default.
- W143422794 hasRelatedWork W1787419365 @default.
- W143422794 hasRelatedWork W1920501136 @default.
- W143422794 hasRelatedWork W1967064583 @default.
- W143422794 hasRelatedWork W2001376530 @default.
- W143422794 hasRelatedWork W2012407052 @default.
- W143422794 hasRelatedWork W2079576770 @default.
- W143422794 hasRelatedWork W2085115247 @default.
- W143422794 hasRelatedWork W2105056100 @default.
- W143422794 hasRelatedWork W2121046526 @default.
- W143422794 hasRelatedWork W2267168995 @default.
- W143422794 hasRelatedWork W2290589063 @default.
- W143422794 hasRelatedWork W2296488454 @default.
- W143422794 hasRelatedWork W2489395815 @default.
- W143422794 hasRelatedWork W274475096 @default.
- W143422794 hasRelatedWork W3021977809 @default.
- W143422794 hasRelatedWork W3123977593 @default.
- W143422794 hasRelatedWork W3129423751 @default.
- W143422794 hasRelatedWork W2613182890 @default.
- W143422794 isParatext "false" @default.
- W143422794 isRetracted "false" @default.
- W143422794 magId "143422794" @default.
- W143422794 workType "article" @default.