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对我国上市公司发行可转换债券对股票价格的影响进行了实证分析 ,结果发现 :上市公司发布发行可转换债券公告后 ,二级市场股票价格显著上升 ,说明投资者青睐可转换债券 .回归研究表明 ,发行可转换债券宣告效应与发行公司的公司规模 ,可转换债券发行规模以及宣告期间重大事件的公布呈显著正相关
Abstract：This study investigates the announcement effects of offerings of convertible bonds using data for the Chinese market. The event study analysis shows that announcement effects of convertible bonds have a significant positive share marker response. We find investor prefer convertible bonds. The cross sectional results shows that issue size, firm size and firm specific news are positively associated with firm value.
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基本信息:
中图分类号:F830.91
引用信息:
[1]王慧煜,夏新平.发行可转换债券对公司股票价格影响的实证研究[J].中南民族大学学报(自然科学版),2004(02):106-109.
2004-06-30
2004-06-30