IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789814619905_0001.html
   My bibliography  Save this book chapter

Introduction

In: Contingent Convertibles [CoCos] A Potent Instrument for Financial Reform

Author

Listed:
  • George M von Furstenberg

Abstract

Reacting to the severe financial crisis of 2007–2009, contingent convertible debt securities, abbreviated CoCos or cocos, were introduced as a promising new instrument of financial reform. They were to reduce bank failures and thereby cushion the next financial crisis more reliably and automatically than existing subordinated debt. After a slow start in 2009 that almost stopped in 2010, their issuance has been growing progressively. However, a number of their design features and uses are still experimental. This makes it exciting to assist with their evaluation, development and acceptance in the public interest and from capital market perspectives…

Suggested Citation

  • George M von Furstenberg, 2014. "Introduction," World Scientific Book Chapters, in: Contingent Convertibles [CoCos] A Potent Instrument for Financial Reform, chapter 1, pages 3-12, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814619905_0001
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789814619905_0001
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789814619905_0001
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789814619905_0001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.