We review the literature on the issuance motives, shareholder wealth effects, and design of
convertible bonds. Empirical studies on convertible debt issuance mainly focus on testing …

While convertible offerings announced between 1984 and 1999 induce average abnormal
stock returns of− 1.69%, convertible announcement effects over the period 2000–2008 are …

We examine the hedge and safe‐haven properties of four commodity classes (precious
metals, energy, agriculture and livestock) for the overall and sectoral equity markets of the …

The authors examine the extent to which excess returns from convertible arbitrage represent
positive returns to managers from exploiting pricing inefficiencies versus compensation for …

A transparent, rules based, portfolio construction algorithm is proposed for convertible bond
arbitrage. Feature selection is based on a mark-to-market approach where the volatility from …

This paper develops a new model of convertible bonds in the firm's financial policy that
several empirical puzzles that are not consistent with extant theory. The model demonstrates …

This paper provides new evidence on the effects of the risk profiles of firms on the returns to
convertible bond issues. Liquidity risk, firm risk, and issue risk premium factors are examined …

Steffen Hundt analysiert erstmals den europäischen Wandelanleihemarkt. Aufgrund der
spezifischen Stichprobenkomposition werden darüber hinaus Intensitätsvergleiche …

We compare valuation effects associated with debt issuance under SEC Rule 144A versus
issuance in the public market. We find that nonconvertible debt Rule 144A issuers …

Financial analysis and modelling are becoming increasingly relevant in modern finance.
There is strong need for greater flexibility and wider coverage in the applications of trading …