Adverse Selection and Convertible Bonds

DOI10.1093/RESTUD/RDQ002MaRDI QIDQ3012093zbMATH OpenOpenAlexFDO

Authors Archishman Chakraborty, Bilge Yılmaz

Publication date 30 June 2011

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10.1093/restud/rdq002

zbMATH Keywords

adverse selectionefficient financingunderinvestment

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Economics of information (91B44) Corporate finance (dividends, real options, etc.) (91G50)

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Cited in

(8)

• Optimal securities under adverse selection and moral hazard
• Security design with interim public information
• Improving the prevention of environmental risks with convertible bonds
• Security design with status concerns
• Convertible bond underpricing: renegotiable covenants, seasoning, and convergence
• Game options analysis of the information role of call policies in convertible bonds
• Adverse Selection and Security Design
• Two-sided asymmetric information and convertible securities in venture financing

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