This paper discusses how contingent convertible bonds (CCB) influence the risk-taking behaviour of managers. A methodology to measure the impact is presented. The results show that the decision of issuing CCB to finance company assets sets incentives to managers to increase risk, if it is not...

We present ac susceptibility measurements performed on (K, Ba)BiO<Subscript>3</Subscript>single crystals with different geometries: thick films, bars and hollow cylinders. We show that the h <Subscript>ac</Subscript> dependence of the real (χ′) and imaginary (χ′) parts of the ac susceptibility is in very good agreement with Brandt’s...</subscript></subscript>