Search Results

Showing results 1 to 3 of approximately 3.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Wittenberg-Moerman, Regina 

Conference Paper
The impact of information asymmetry on debt pricing and maturity

Proceedings , Paper 1038

Conference Paper
The role of information asymmetry and financial reporting quality in debt contracting: evidence from the secondary loan market

I employ unique data on secondary loan trades to explore how information asymmetry and the quality of financial reporting affect the trading spreads of private debt securities. There are two primary findings. First, the bid-ask spread in secondary loan trading is positively related to firm and loan-specific characteristics associated with a high information asymmetry environment. Loans of private firms, loans without an available credit rating, loans syndicated by less reputable arrangers, distressed loans, and loans of loss firms are traded at significantly higher bid-ask spreads. Second, ...
Proceedings , Paper 1031

Conference Paper
The participants in the TARP capital purchase program : failing or healthy banks

Proceedings , Paper 1130

FILTER BY year

FILTER BY Bank

FILTER BY Series

Proceedings 3 items

FILTER BY Content Type

FILTER BY Author

FILTER BY Keywords

Loans 2 items

Contracting out 1 items

Credit ratings 1 items

Debt 1 items

Financial crises 1 items

Financial institutions 1 items

show more (2)

PREVIOUS / NEXT