An Empirical Study of the Stock Price Response to the Call of Convertible Security in China
The various theoretical arguments ragarding valuation consequences of convertible calls and the empirical evidence that has been amassed in various studies in many foreign articles. Compared with the western countries, the convertible security market is still in the starting phase. This article attempts to analyze firm valuation effects of firms decisions to call in china, hence force conversion of in-the-money convertible.
component in-the-money conversion-forcing call call provision
WANG Mengran
School of International Trade and Economics, The university of Business and Economics, Beijing, China, 100029
国际会议
大连
英文
1-3
2009-06-29(万方平台首次上网日期,不代表论文的发表时间)