The effect corporate bond issuance to the equity market and its determinants
The study aims to investigate the signaling effect of bond issuance in Malaysia and to determine the company characteristics that influence the effect. Findings of the study reveal positive cumulative average abnormal returns following bond issuance indicating that the market treat bond offers as fa...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
Malaysia Finance Association
2011
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/3526/1/MFA.pdf |