Chin, Chen-Lung; Lin, Tyrone T.; Lee, Chia-Chi - In: Review of Pacific Basin Financial Markets and Policies … 08 (2005) 03, pp. 543-571
Convertible bond (CB) issuers have been required to include financial forecasts in prospectuses filed with the Taiwan Securities and Futures Commission (TSFC) since 1991. This study examines the association between CB issuance terms and the extent of optimistic initial earnings forecasts and...