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6. Contingent Claims Valuation of Corporate Liabilities: Theory and Empirical Tests
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Chapters in this book
- Frontmatter i
- Contents vii
- In Memoriam John Lintner ix
- Acknowledgments xi
- Corporate Capital Structures in the United States: An Introduction and Overview 1
- 1. Secular Patterns in the Financing of u.S. Corporations 13
- 2. Changes in the Balance Sheet of the U.S. Manufacturing Sector, 1926-1977 81
- 3. Debt and Equity Yields, 1926-1980 117
- 4. Inflation and the Role of Bonds in Investor Portfolios 167
- 5. The Substitutability of Debt and Equity Securities 197
- 6. Contingent Claims Valuation of Corporate Liabilities: Theory and Empirical Tests 239
- 7. Capital Structure Change and Decreases in Stockholders' Wealth: A Cross-sectional Study of Convertible Security Calls 265
- 8. Real Determinants of Corporate Leverage 301
- 9. Investment Patterns and Financial Leverage 325
- 10. Capital Structure and the Corporation's Product Market Environment 353
- List of Contributors 383
- Author Index 385
- Subject Index 387
Chapters in this book
- Frontmatter i
- Contents vii
- In Memoriam John Lintner ix
- Acknowledgments xi
- Corporate Capital Structures in the United States: An Introduction and Overview 1
- 1. Secular Patterns in the Financing of u.S. Corporations 13
- 2. Changes in the Balance Sheet of the U.S. Manufacturing Sector, 1926-1977 81
- 3. Debt and Equity Yields, 1926-1980 117
- 4. Inflation and the Role of Bonds in Investor Portfolios 167
- 5. The Substitutability of Debt and Equity Securities 197
- 6. Contingent Claims Valuation of Corporate Liabilities: Theory and Empirical Tests 239
- 7. Capital Structure Change and Decreases in Stockholders' Wealth: A Cross-sectional Study of Convertible Security Calls 265
- 8. Real Determinants of Corporate Leverage 301
- 9. Investment Patterns and Financial Leverage 325
- 10. Capital Structure and the Corporation's Product Market Environment 353
- List of Contributors 383
- Author Index 385
- Subject Index 387