Harvey, Campbell R. (contributor); Lins, Karl (contributor); … - 2003
. We measure changes in shareholder value resulting from
individual debt issues using traditional event study methods. We … perspective, we do not expect all types of debt to affect
shareholder value equally. Our debt issues come from various domestic … (1986) and Titman and Trueman (1986). Bolstering this assessment, Table 6
shows that there is no creation of shareholder …