Convertible Bonds as "Back Door" Equity Financing
收藏NBER1992-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4028
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This paper argues that corporations may use convertible bonds as an indirect (albeit possibly risky) method for getting equity into their capital structures in situations where adverse selection problems make a conventional stock issue unattractive. Unlike other theories of convertible bond issuance
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美国国家经济研究局创建时间：
1992-03-01
