Memorias de investigación
Research Publications in journals:
Mandatory Convertible Bonds and the Agency Problem
Year:2019

Research Areas
  • Economy,
  • Company,
  • Branch of activity,
  • Finance,
  • Financial policy,
  • Capital market,
  • Financing,
  • Financing policy

Information
Abstract
A large proportion of the academic literature about the agency problem focuses on corporate governance or the instruments that can be used to balance the incentives of shareholders and debt holders. Following the real options company valuation framework, one method to increase shareholder value involves increasing the intrinsic risk of the firm; however, such a practice reduces the bondholder value.
International
Si
JCR
Si
Title
Sustainability
ISBN
****-****
Impact factor JCR
2,576
Impact info
Volume
11
10.3390/su11154074
Journal number
15
From page
4074
To page
4094
Month
JULIO
Ranking
Q2
Participants

Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Ingeniería de la Calidad Alimentaria