The aim of this paper is to analyze risk shifting incentives for managers and shareholders of the financial institution issuing a CoCo bond.
Coco-bonds, conversion prices and risk shifting incentives. How does the conversion ratio affect management's behaviour? / O. Roggi; A. Giannozzi; L. Mibelli. - In: FINANCIAL MARKETS, INSTITUTIONS & INSTRUMENTS. - ISSN 0963-8008. - STAMPA. - 22/2:(2013), pp. 143-170.
Coco-bonds, conversion prices and risk shifting incentives. How does the conversion ratio affect management's behaviour?
ROGGI, OLIVIERO;GIANNOZZI, ALESSANDRO;
2013
Abstract
The aim of this paper is to analyze risk shifting incentives for managers and shareholders of the financial institution issuing a CoCo bond.
File in questo prodotto:
| File | Dimensione | Formato | |
|---|---|---|---|
|
Cocobonds_FMII_Giannozzi_Roggi_Mibelli_DEF.pdf
Accesso chiuso
Descrizione: Paper versione pubblicata
Tipologia:
Pdf editoriale (Version of record)
Licenza:
Tutti i diritti riservati
Dimensione
320.82 kB
Formato
Adobe PDF
|
320.82 kB | Adobe PDF | Richiedi una copia |
I documenti in FLORE sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
