• Rupture de stock

Is Corporate Bond Market Performance Connected with Stock Market Performance? [extrait BMI 102]

50,00 €
TTC
Quantité
Add to wishlist
Rupture de stock

Version numérique PDF

During the last decade, fi nancial research exhibited and highlighted four key features of corporate bonds. First, holding corporate bonds in a portfolio of assets is advocated by the related potential growth, the historical low risk as compared to stocks, and the related diversifi cation benefi ts with the enlargement of effi cient asset portfolio opportunities (Siegel, 2002). Second, there exists a strong trade-off between corporate bond markets and equity markets (e.g., fi xed income arbitrage as reported by Duarte and al., 2005). Indeed, equity data and features have been widely used to assess some corporate bond determinants such as credit risk indicators for example (Carr and Wu, 2005; Collin-Dufresne and al., 2001; Cremers and al., 2005, 2008; Hull and al., 2003; Merton, 1974;1 Vassalou and Xing, 2003; Zhang and al., 2005).

Auteurs :
Extrait de la revue BMI 102

BMI102-1098076
Nouveau

16 autres produits dans la même catégorie :

This website uses cookies to ensure you get the best experience on our website