The issuance of callable bonds under information asymmetry
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DOI: 10.1016/j.jempfin.2012.12.004
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- Carbó-Valverde, Santiago & Cuadros-Solas, Pedro J. & Rodríguez-Fernández, Francisco, 2017. "Do banks and industrial companies have equal access to reputable underwriters in debt markets?," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 176-202.
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More about this item
Keywords
Callable bonds; Asymmetric information; Pooling equilibrium; Speculative grade bonds;All these keywords.
JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G39 - Financial Economics - - Corporate Finance and Governance - - - Other
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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