Signaling theory is useful for describing behavior when two parties (individuals or
organizations) have access to different information. Typically, one party, the sender, must …

This paper documents significant momentum in a comprehensive sample of 81,491 US
corporate bonds with both transaction and dealer-quote data from 1973 to 2011. Momentum …

We explore the effect of governance on bond yield-spreads and ratings in a multinational
sample of firms. We find strong evidence that ultimate ownership (ie, the voting/cash-flow …

Due to its distinctive institutional background, Oman offers a valuable opportunity to examine
stock price reactions to dividend announcements. In Oman,(1) there are no taxes on …

If corporate stories for branding are retrogressive and asymmetrical, it causes negative
internal stakeholders' corporate brand perceptions. This is usually accompanied by many …

We investigate the intertemporal relation between information asymmetry and equity issues,
and particularly focus on which firms drive this relation. We find that when information …

We examine investors' reactions to announcements of large capital infusions by US financial
institutions (FIs) from 2000 to 2009. These infusions include private market infusions …

This paper investigates whether joint ventures and strategic alliances create value for
bondholders by examining the bond market's reaction to announcements of these two types …

This study examines stock market reaction to the announcement of various forms of
seasoned issues in China. Our empirical evidence demonstrates that market reactions differ …

This paper provides an overview of existing research on how corporate restructuring affects
bondholder wealth. Restructuring is defined as any transaction which affects the firm's …