Thatcher et al., 1992 - Google Patents
AN EMPIRICAL TEST OF THE TIMING OF BOND‐REFUNDING DECISIONSThatcher et al., 1992
- Document ID
- 16803173702855856248
- Author
- Thatcher J
- Thatcher J
- Publication year
- Publication venue
- Journal of Financial Research
External Links
Snippet
In this paper we measure the ability of firms to time bond‐refunding decisions. The timing performance achieved on a sample of 161 public utility bond refundings is compared with the timing performance achieved by three benchmark models. We find that firms achieve …
- 238000000034 method 0 description 7
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