Purpose: The introduction of dual decisions (such as the issue shares and debt; repurchase repayment share issues repurchases) has provided an order preference financing influenced by company-specific attributes. aim this study is to investigate determinants choice South African companies listed on Johannesburg Stock Exchange (JSE) between different decisions.Design/methodology/approach: Data w...

Based on the data of China’s green bond market, this paper selects companies that issue bonds in A-share listed from 2015 to 2021 and other industry as research objects explore impact mechanism issuance corporate value. Through empirical analysis, it is verified can enhance value issuing enterprises, further tests mediating effect institutional investors’ shareholding between

Bonds account for almost one-quarter of Australian banks’ total funding, with around three-quarters of the stock of bonds outstanding issued offshore.1 While the composition of banks’ funding had been fairly stable prior to the financial crisis, since then the share of bonds in overall funding has increased by a couple of percentage points as banks have sought to attract more stable and longer-...

We study convertible bond arbitrage for the Canadian market. Convertible bond arbitrage is the combination of a long position in underpriced convertible bonds and a short position in the underlying stock. First, we find a downward pressure on cumulative average abnormal returns of the underlying stocks between the announcement and the issuance dates of the convertible bonds. This effect is stro...

In a client-server environment that deals with multiple clients, there is a need to provide a mechanism on the server to manage the issuance of the client credentials for security authorization. Credentials created using a particular own platform identities and functions as an authentication credentials to authenticate the platform itself in a network communication. However, these credentials c...

Independent, or demand, guarantees are strong securityinstruments. They designed to secure the properperformance of contractual obligations in commercialtransactions. In South Africa, independent guaranteesare a common feature construction projects where theinterests any main parties (that is, contractoror employer) may conceivably be secured. Essentially,independent constitute an undertaking b...

We assess the effect and timing of corporate arm ECB quantitative easing (CSPP) on bond issuance. Because several contemporaneous measures, to isolate programme effects we rely one key eligibility feature: euro denomination newly issued bonds. find that significant increase in bonds issuance by eligible firms is due CSPP this took at least six months unfold. This result holds even when comparin...