The Announcement Effect of Convertible Bond on Stock Prices of Listed Companies

Autor: 蔡宜倫
Rok vydání: 2018
Druh dokumentu: 學位論文 ; thesis
Popis: 107
This paper discusses the announcement effect of convertible bond on stock prices of listed companies from January,2008 to December,2016. This paper used event study approach and multiple regression analysis. The announcement effect of convertible bond and the debt ratio are positive correlation. The announcement effect of convertible bond and the return on equity are positive correlation. The announcement effect of convertible bond and the return are positive correlation. The announcement effect of convertible bond and the asset size of company are negative correlation. The age of company and the duality of chairman don’t affect the announcement effect of convertible bond.
Databáze: Networked Digital Library of Theses & Dissertations