haku: @journal_id 33 / yhteensä: 575
viite: 34 / 575
Tekijä: | Kerins, F. J. Jr. |
Otsikko: | Do nonrefunding provisions constrain corporate behavior? Evidence from calls |
Lehti: | Financial Management
2001 : SPRING, VOL. 30:1, p. 57-83 |
Asiasana: | Bonds Corporate culture Organizational behaviour |
Kieli: | eng |
Tiivistelmä: | The author examines corporate call policy for nonrefundable debt. Nonrefundable bonds supposedly cannot be called with funds from lower-interest-cost debt. However, firms typically issue lower-interest-cost debt around the time of the call and do not identify the souce of funds used to call the debt. |
SCIMA