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Berninger et al., 2023 - Google Patents

Too transparent for signalling? A global analysis of bond issues by property companies

Berninger et al., 2023

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Document ID
312122205755556131
Author
Berninger M
Bossong P
Schiereck D
Steinhardt M
Publication year
Publication venue
Accounting & Finance

External Links

Snippet

Bond issues often result in negative revaluations of the market value of equity. These market reactions are usually explained by negative signals and asymmetric information about the use of the proceeds. In industries with rather transparent investment opportunities these …
Continue reading at onlinelibrary.wiley.com (PDF) (other versions)

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