ESSAYS ON CORPORATE BOND MARKETS

dc.contributor.advisor	Yadav, Pradeep
dc.contributor.advisor	Ederington, Louis
dc.contributor.author	Chen, Fan
dc.contributor.committeeMember	Thomas, Wayne
dc.contributor.committeeMember	Linn, Scott
dc.contributor.committeeMember	Megginson, William
dc.date.accessioned	2014-07-18T13:01:17Z
dc.date.available	2014-07-18T13:01:17Z
dc.date.issued	2014
dc.date.manuscript	2014
dc.description.abstract	The aim of my dissertation is to provide new insights into corporate bond markets from empirical corporate finance and bond market microstructure vintage points. The first chapter introduces the topic. The second chapter (Bondholder Wealth Effects surrounding Bond Offering Announcements: Theory and Evidence) investigates how and why prices of existing bonds respond to announcements of new debt issues. The third chapter (The Wealth Effects of Dividend Announcements on Bondholders: New Evidence from the Over-the-Counter Market) examines the announcement effect of dividend changes on bondholders using the over-the-counter bond transaction data from TRACE. The fourth chapter (Pre-Trade Transparency in Over-the-Counter Markets) explores the impact of NYSE pre-trade transparency on U.S corporate bond markets where the majority of trading is happened in over-the-counter markets.	en_US
dc.identifier.uri	http://hdl.handle.net/11244/10450
dc.language	en_US	en_US
dc.subject	Business Administration, Finance	en_US
dc.thesis.degree	Ph.D.	en_US
dc.title	ESSAYS ON CORPORATE BOND MARKETS	en_US
ou.group	Michael F. Price College of Business