Convertible bonds are an important segment of the corporate bond market, with worldwide
outstandings approaching US $235 billion. Simple pricing models value a convertible bond …

We review the literature on the issuance motives, shareholder wealth effects, and design of
convertible bonds. Empirical studies on convertible debt issuance mainly focus on testing …

We construct a multilayer network to study the interconnectedness between convertible
bonds and underlying stocks in China by using the high-frequency data of 43 publicly listed …

By buying convertibles and shorting the underlying stock, hedge funds distribute equity
exposure to well-diversified shareholders. We find that firms with characteristics that make …

We survey institutional investors about their role in capital structure decisions and views on
capital structure theories. Over 82% of investors believe they influence corporate capital …

While convertible offerings announced between 1984 and 1999 induce average abnormal
stock returns of− 1.69%, convertible announcement effects over the period 2000–2008 are …

We examine the influence of corporate governance quality on firms' choice between
convertible debt, straight debt, and equity using a Western European sample of security …

Over recent years, a substantial fraction of US convertible bond issues have been combined
with a stock repurchase. This paper explores the motivations for these combined …

For a sample of convertible bonds issued during the period 1980 through 2002, we
empirically investigate the determinants of call policy. We find that the risk of a failed call …

Features trading strategies for a variety of asset classes and trading styles including stocks,
options, fixed income, futures, ETFs, indexes, commodities, foreign exchange, convertibles …