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Optimal Terms Of The Call Provision On A Corporate Bond

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  • William Marshall
  • Jess B. Yawitz

Abstract

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Suggested Citation

  • William Marshall & Jess B. Yawitz, 1980. "Optimal Terms Of The Call Provision On A Corporate Bond," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 3(2), pages 203-211, June.
  • Handle: RePEc:bla:jfnres:v:3:y:1980:i:2:p:203-211
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1980.tb00050.x
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    References listed on IDEAS

    as
    1. Kraus, Alan, 1973. "The Bond Refunding Decision in an Efficient Market," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 8(5), pages 793-806, December.
    2. Ang, James S, 1975. "The Two Faces of Bond Refunding," Journal of Finance, American Finance Association, vol. 30(3), pages 869-874, June.
    3. Eli Schwartz, 1967. "The Refunding Decision," The Journal of Business, University of Chicago Press, vol. 40, pages 448-448.
    4. Caks, John, 1978. "Corporate Debt Decisions: A New Analytical Framework," Journal of Finance, American Finance Association, vol. 33(5), pages 1297-1315, December.
    5. H. Martin Weingartner, 1967. "Optimal Timing of Bond Refunding," Management Science, INFORMS, vol. 13(7), pages 511-524, March.
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    Cited by:

    1. Melvin Jameson & Tao‐Hsien Dolly King & Andrew Prevost, 2021. "Top management incentives and financial flexibility: The case of make‐whole call provisions," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 48(1-2), pages 374-404, January.
    2. Hennessy, Christopher A. & Tserlukevich, Yuri, 2008. "Taxation, agency conflicts, and the choice between callable and convertible debt," Journal of Economic Theory, Elsevier, vol. 143(1), pages 374-404, November.
    3. Eric Powers, 2021. "The Optimality of Call Provision Terms," Management Science, INFORMS, vol. 67(10), pages 6581-6601, October.
    4. Correia, Maria do Rosário, 2008. "The choice of maturity and additional covenants in debt contracts: A panel data approach," Research in International Business and Finance, Elsevier, vol. 22(3), pages 284-300, September.
    5. Maria do Rosario Correia & Scott C. Linn & Andrew Marshall, 2004. "An Empirical Investigation of Debt Contract Design: The Determinants of the Choice of Debt Terms in Eurobond Issues," FEP Working Papers 148, Universidade do Porto, Faculdade de Economia do Porto.

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