Zobrazeno 1 - 10
of 64
pro vyhledávání: '"Cihan Uzmanoglu"'
Publikováno v:
Journal of Financial and Quantitative Analysis. 58:1263-1294
The average maturity of newly issued corporate bonds has declined substantially over the past 40 years, and the traditional determinants of debt maturity fail to explain this decline fully. We show that the changing composition of investors in the co
Autor:
Cihan Uzmanoglu
Publikováno v:
Journal of Empirical Finance. 67:271-287
We investigate the influence of public companies on their local economies through the spending of their employees on local goods and services. Using the taxicab industry in New York City as a laboratory, we find that tips paid for taxis taken near fi
Publikováno v:
Management Science. 67:3150-3173
We study the influence of credit default swaps (CDS) trading on the costs of bond intermediation. After CDS initiation, CDS firms pay 12% to 28% (8 to 20 basis points) lower underwriting fees than similar non-CDS firms do. Underwriting fees decline m
Autor:
Cihan Uzmanoglu
Publikováno v:
SSRN Electronic Journal.
Autor:
Nhu Tran, Cihan Uzmanoglu
Publikováno v:
Journal of Banking & Finance. 147:106758
Publikováno v:
Journal of Business Research. 101:183-193
We investigate how fearful and angry consumers react to the scope (number of customers affected) of a data breach. In two laboratory studies, we show that whereas fear makes consumers scope sensitive such that their intentions not to purchase from th
Autor:
Nhu Tran, Cihan Uzmanoglu
Publikováno v:
Journal of bankingfinance. 143
We study how investors in the US municipal bond market price the state lockdowns announced during the coronavirus (COVID) pandemic. To begin with, we examine the extent to which state-level COVID developments influence yield spreads of municipal bond
Autor:
Cihan Uzmanoglu, Tran N
Publikováno v:
SSRN Electronic Journal.
We study the influence of state lockdowns during the coronavirus (COVID) pandemic on states’ cost of borrowing. As COVID is an infectious disease, we first examine the extent to which states’ own COVID exposures are priced, controlling for US-lev
Autor:
Nhu Tran, Cihan Uzmanoglu
Publikováno v:
SSRN Electronic Journal.
We investigate whether credit rating agencies incorporate climate risk in their rating models. As climate risk is not well defined, we implement several identification strategies using a sample of U.S. cities whose creditworthiness should vary with c
Autor:
Rajesh P. Narayanan, Cihan Uzmanoglu
Publikováno v:
Journal of Banking & Finance. 94:251-266
Empty creditors—bondholders hedged with Credit Default Swaps (CDSs)—face incentives to holdout from “Distressed Exchanges” (DEs) of debt because the CDS hedge alters their payoffs to favor bankruptcy. We show using detailed data on DEs that f