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Conventional vs Islamic Bond Announcements: The Effects on Shareholders' Wealth
15 references·0 citing·40 second hopsampled
Conventional vs Islamic Bond Announcements: The Effects on Shareholders' Wealth (2009)Conventional vs Islamic Bond Announcement…New evidence on the announcement effect of convertible and exchangeable bonds (2005)New evidence on the announcem…The effect of capital structure when expected agency costs are extreme (2004)The effect of capital structu…New Evidence on the Market Impact of Convertible Bond Issues in the U.S. (2004)New Evidence on the Market Im…New evidence on the pecking order hypothesis: the case of French convertible bonds (2000)New evidence on the pecking o…Wealth effects of convertible bond and convertible preference share issues: An empirical analysis of the UK market (1999)Wealth effects of convertible…Announcement effects of convertible bond loans and warrant-bond loans: An empirical analysis for the Dutch market (1998)Announcement effects of conve…Why Do Firms Issue Convertible Debt? (1996)Why Do Firms Issue Convertibl…How Different Is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues (1996)How Different Is Japanese Cor…Event Risk Bond Covenants, Agency Costs of Debt and Equity, and Stockholder Wealth (1994)Event Risk Bond Covenants, Ag…Convertible bonds as backdoor equity financing (1992)Convertible bonds as backdoor…Valuation effects of security offerings and the issuance process (1986)Valuation effects of security…Valuation effects of corporate debt offerings (1986)Valuation effects of corporat…The Capital Structure Puzzle (1984)The Capital Structure PuzzleBETAS AND THEIR REGRESSION TENDENCIES (1975)BETAS AND THEIR REGRESSION TE…A NOTE ON USING CROSS‐SECTIONAL INFORMATION IN BAYESIAN ESTIMATION OF SECURITY BETAS (1973)A NOTE ON USING CROSS‐SECTION…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Why Do European Firms Issue Convertible Debt? (2004)Are there windows of opportunity for convertible debt issuance? Evidence for Western Europe (2007)The capital asset pricing model: Some empirical tests (1972)Risk, Return, and Equilibrium: Empirical Tests (1973)Studies in the Theory of Capital Markets. (1973)Co-Skewness and Capital Asset Pricing (1980)An Empirical Investigation of the Possibility of Stochastic Systematic Risk in the Market Model (1984)Optimization Methods in Finance (2006)Using daily stock returns (1985)What we do and do not know about convertible bond financing (2013)Financial Intermediation and Delegated Monitoring (1984)The long-run performance of stock returns following debt offerings (1999)Stage Financing and the Role of Convertible Securities (2003)Is integrated reporting determined by a country's legal system? An exploratory study (2012)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)The Prediction of Systematic and Specific Risk in Common Stocks (1973)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Market-Based Empirical Research in Accounting: A Review, Interpretation, and Extension (1982)Friction in the trading process and the estimation of systematic risk (1983)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The New Issues Puzzle (1995)The Impact of Environmental Management on Firm Performance (1996)Event Studies in Economics and Finance (1997)Estimating betas from nonsynchronous data (1977)Market Segmentation and the Cost of Capital in International Equity Markets (1998)Market Segmentation and the Cost of Capital in International Equity Markets (2000)The Long-Run Performance of Global Equity Offerings (2000)Law and Finance (1998)Research in emerging markets finance: looking to the future (2002)Corporate governance and dividend policy in emerging markets (2004)Ownership, institutions, and capital structure: Evidence from China (2009)Seasoned public offerings: Resolution of the "new issues puzzle" (1998)Trade-Off and Pecking Order Theories of Debt (2005)The Theory of Capital Structure (1991)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The theory and practice of corporate finance: evidence from the field (2001)
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References

  • 1984The Capital Structure Puzzle7,520 cited
  • 1986Valuation effects of security offerings and the issuance process1,213 cited
  • 1975BETAS AND THEIR REGRESSION TENDENCIES548 cited
  • 2004The effect of capital structure when expected agency costs are extreme535 cited
  • 1992Convertible bonds as backdoor equity financing519 cited
  • 1986Valuation effects of corporate debt offerings514 cited
  • 1973A NOTE ON USING CROSS‐SECTIONAL INFORMATION IN BAYESIAN ESTIMATION OF SECURITY BETAS477 cited
  • 1996How Different Is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues276 cited
  • 1998Announcement effects of convertible bond loans and warrant-bond loans: An empirical analysis for the Dutch market99 cited
  • 1999Wealth effects of convertible bond and convertible preference share issues: An empirical analysis of the UK market93 cited
  • 2000New evidence on the pecking order hypothesis: the case of French convertible bonds80 cited
  • 2005New evidence on the announcement effect of convertible and exchangeable bonds80 cited
  • 1996Why Do Firms Issue Convertible Debt?69 cited
  • 2004New Evidence on the Market Impact of Convertible Bond Issues in the U.S.39 cited
  • 1994

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Event Risk Bond Covenants, Agency Costs of Debt and Equity, and Stockholder Wealth
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