000 | 02258nam a22003975i 4500 | ||
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001 | 978-3-8350-9077-4 | ||
003 | DE-He213 | ||
005 | 20161121230906.0 | ||
007 | cr nn 008mamaa | ||
008 | 100301s2006 gw | s |||| 0|eng d | ||
020 |
_a9783835090774 _9978-3-8350-9077-4 |
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024 | 7 |
_a10.1007/978-3-8350-9077-4 _2doi |
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050 | 4 | _aHG1-HG9999 | |
072 | 7 |
_aKFF _2bicssc |
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072 | 7 |
_aBUS027000 _2bisacsh |
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082 | 0 | 4 |
_a332 _223 |
245 | 1 | 4 |
_aThe Use of Hybrid Securities _h[electronic resource] / _cedited by Benjamin Kleidt. |
264 | 1 |
_aWiesbaden : _bDUV, _c2006. |
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300 |
_aXXIII, 164 p. _bonline resource. |
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336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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338 |
_aonline resource _bcr _2rdacarrier |
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347 |
_atext file _bPDF _2rda |
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505 | 0 | _aDefinitions -- Why firms issue convertible debt — Market timing and investor rationing -- A note on systematic risk changes around convertible debt issues -- The concurrent offerings puzzle -- Divestment of equity stakes — An analysis of exchangeable debt -- Conclusions and outlook. | |
520 | _aDuring recent years, an increasing number of corporations have decided to raise external capital via markets for hybrid securities. Hybrid securities share characteristics of common stock and straight debt and appear in different forms, such as convertible debt, mandatory convertibles or exchangeable debt. Benjamin Kleidt analyzes why firms decide to issue hybrid securities. Applying state-of-the-art event study analyses to recent data, he provides interesting insights into the financing behaviour of issuing firms with regard to operating and stock price performance prior and subsequent to hybrid security issues. It turns out that issuance motives for the use of different forms of hybrid securities are as diverse as available structures for this asset class. | ||
650 | 0 | _aFinance. | |
650 | 1 | 4 | _aFinance. |
650 | 2 | 4 | _aFinance, general. |
700 | 1 |
_aKleidt, Benjamin. _eeditor. |
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710 | 2 | _aSpringerLink (Online service) | |
773 | 0 | _tSpringer eBooks | |
776 | 0 | 8 |
_iPrinted edition: _z9783835002470 |
856 | 4 | 0 | _uhttp://dx.doi.org/10.1007/978-3-8350-9077-4 |
912 | _aZDB-2-SBE | ||
950 | _aBusiness and Economics (Springer-11643) | ||
999 |
_c505511 _d505511 |