Mitigating risk incentives by issuing convertible bonds : a refinement to the Black-Scholes evaluation model
Year of publication: |
2014
|
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Authors: | Miyake, Masatoshi ; Yu, Mei ; Inoue, Hiroshi |
Published in: |
Journal of financial engineering. - Hackensack, NJ : World Scientific, ISSN 2345-7686, ZDB-ID 2813048-0. - Vol. 1.2014, 3, p. 1-17
|
Subject: | Risk incentive problem | agency cost | shareholder-creditor relationship | convertible bond | option pricing theory | knock-out provision | Wandelanleihe | Convertible bond | Optionspreistheorie | Option pricing theory | Prinzipal-Agent-Theorie | Agency theory | Risiko | Risk |
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