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The Use of Hybrid Securities, Prof. Dr. Dirk Schiereck; Benjamin Kleidt


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Цена: 12577.00р.
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Автор: Prof. Dr. Dirk Schiereck; Benjamin Kleidt
Название:  The Use of Hybrid Securities
ISBN: 9783835002470
Издательство: Springer
Классификация:
ISBN-10: 3835002473
Обложка/Формат: Paperback
Страницы: 187
Вес: 0.30 кг.
Дата издания: 2006
Серия: Ebs-forschung, schriftenreihe der european business school schloss reichartshausen
Язык: English
Издание: 2006
Иллюстрации: 42 black & white tables, biography
Размер: 235 x 155 x 10
Читательская аудитория: Professional & vocational
Подзаголовок: Market timing, investor rationing, signaling and asset restructuring
Ссылка на Издательство: Link
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Поставляется из: Германии
Описание: How firms choose among competing instruments of external finance has been widely discussed in the finance literature for decades. However, many important questions raised in this discussion remain unanswered today - in particular with regard to a firms use of hybrid securities. The core market for these financing instruments, which comprise structures such as convertible debt, mandatory convertibles or exchangeable debt, is the US market, which has been characterized by a sharp increase in issuance volumes during recent years. In his thesis, Mr. Kleidt sets out to answer the question why firms issue hybrid securities. This is not only a remarkable endeavour, because Mr. Kleidt uses US-American data, but in particular because he presents state-of-the-art analyses, which are competitive and meet highest international standards. The thesis on hand carefully identifies and addresses open research questions related to the use of hybrid securities by corporations. Its primary objective was to identify issuance motives for different types of hybrid securities in the US analyzing stock price and accounting data. Thusly objectifying managerial action allows to derive recommendations for financing practice. Another focus of the thesis concerns the use of exchangeable debt, a divestment vehicle commonly employed by German corporations to disentangle the Deutschland AG. Updated empirical evidence provides significant value-added for capital market participants, in particular financial managers, in Germany and Western Europe.


Financial Derivatives: Futures, Forwards, Swaps, Options, Corporate Securities, and Credit Default Swaps

Автор: Constantinides George M.
Название: Financial Derivatives: Futures, Forwards, Swaps, Options, Corporate Securities, and Credit Default Swaps
ISBN: 9814618411 ISBN-13(EAN): 9789814618410
Издательство: World Scientific Publishing
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Цена: 11563.00 р.
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Описание: Derivatives markets are an important and growing segment of financial markets and play an important role in the management of risk.

Fixed Income Securities

Автор: Tuckman Bruce
Название: Fixed Income Securities
ISBN: 0470904038 ISBN-13(EAN): 9780470904039
Издательство: Wiley
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Цена: 12514.00 р.
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Описание: Fixed income practitioners need to understand the conceptual frameworks of their field; to master its quantitative tool-kit; and to be well-versed in its cash-flow and pricing conventions. Fixed Income Securities, Third Edition by Bruce Tuckman and Angel Serrat is designed to balance these three objectives.

Fixed Income Securities, 3ed.

Автор: Tuckman Bruce
Название: Fixed Income Securities, 3ed.
ISBN: 0470891696 ISBN-13(EAN): 9780470891698
Издательство: Wiley
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Цена: 11880.00 р.
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Описание: Fixed-income securities traditionally promised fixed cash flows (like bonds), but there have been many newly-created fixed income securities for which the promised cash flows depend on the level of interest rates, making them hard to value. This revised book covers the most advanced thinking in the field and comprehensively shows how to value the complete universe of fixed income securities. Included are all the latest fixed income securities valuation models and techniques, and their applications in real world situations. The third edition will also include two new chapters dedicated to foreign exchange markets and corporate bonds and credit-default swaps.

Anglo-American Securities Regulation

Автор: Stuart Banner
Название: Anglo-American Securities Regulation
ISBN: 0521521130 ISBN-13(EAN): 9780521521130
Издательство: Cambridge Academ
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Цена: 4910.00 р.
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Описание: This is a history of the law governing the earliest stock markets in England and the United States. Professor Banner uses both traditional legal materials and as a broad range of non-legal sources, and shows that securities regulation has a much longer ancestry than is often supposed.

Introduction to Mortgages & Mortgage Backed Securities,

Автор: Richard K. Green
Название: Introduction to Mortgages & Mortgage Backed Securities,
ISBN: 0124017436 ISBN-13(EAN): 9780124017436
Издательство: Elsevier Science
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Цена: 9867.00 р.
Наличие на складе: Поставка под заказ.

Описание: In Introduction to Mortgages & Mortgage Backed Securities, author Richard Green combines current practices in real estate capital markets with financial theory so readers can make intelligent business decisions. After a behavioral economics chapter on the nature of real estate decisions, he explores mortgage products, processes, derivatives, and international practices. By focusing on debt, his book presents a different view of the mortgage market than is commonly available, and his primer on fixed-income tools and concepts ensures that readers understand the rich content he covers. Including commercial and residential real estate, this book explains how the markets work, why they collapsed in 2008, and what countries are doing to protect themselves from future bubbles. Green's expertise illuminates both the fundamentals of mortgage analysis and the international paradigms of products, models, and regulatory environments.

Postwar Market for State and Local Government Securities

Автор: Robinson Roland I.
Название: Postwar Market for State and Local Government Securities
ISBN: 069162609X ISBN-13(EAN): 9780691626093
Издательство: Wiley
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Цена: 5544.00 р.
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Описание: Most of the schools built in the United States, as well as many public facilities, must be financed by borrowing in the capital markets. Until recently, when strongly competing capital demands have interfered, the privilege of tax exemption has made state and local government borrowing relatively easy. Dr. Robinson has made an extensive study of th

Handbook of Mortgage-Backed Securities

Автор: Fabozzi Frank J.
Название: Handbook of Mortgage-Backed Securities
ISBN: 0198785771 ISBN-13(EAN): 9780198785774
Издательство: Oxford Academ
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Цена: 15682.00 р.
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Описание: This edition, revised since the subprime mortgage crisis, is designed to provide not only the fundamentals of mortgage-backed securities and the investment characteristics that make them attractive to a broad range of investors, but also extensive coverage of state-of-the-art strategies for capitalizing on the opportunities in this market.

Handbook of Fixed-Income Securities

Автор: Veronesi Pietro
Название: Handbook of Fixed-Income Securities
ISBN: 1118709195 ISBN-13(EAN): 9781118709191
Издательство: Wiley
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Цена: 20109.00 р.
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Описание: A comprehensive guide to the current theories and methodologies intrinsic to fixed-income securities Written by well-known experts from a cross section of academia and finance, Handbook of Fixed-Income Securities features a compilation of the most up-to-date fixed-income securities techniques and methods.

Investing in Mortgage and Asset-Backed Securities

Автор: Schultz Glenn M
Название: Investing in Mortgage and Asset-Backed Securities
ISBN: 1118944003 ISBN-13(EAN): 9781118944004
Издательство: Wiley
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Цена: 11880.00 р.
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Описание: A complete guide to investing in and managing a portfolio of mortgage- and asset-backed securities Mortgage- and asset-backed securities are not as complex as they might seem.


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