The Costs, Wealth Effects, and Determinants of International Capital Raising: Evidence from Public Yankee Bonds

By Darius P. Miller, John Puthenpurackal. 2002

128 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/57643b7dfe2284ddf145c2becba8df8ce8354629

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Finance

Citations in the corpus

Capital Structure and Financial Risk: Evidence from Foreign Debt Use in East Asia (2003, background): “Miller and Puthenpurackal (2000) find evidence that foreign firms tend to issue in the Yankee market when the relative interest cost is low.”
Information costs and home bias: an analysis of US holdings of foreign equities (2004, unknown): “Moreover, the stock price reaction of Yankee bond offerings is positive and significant, especially for first-time issuers (Miller and Puthenpurackal, 2002).”
Creditor Rights, Enforcement, and Bank Loans (2009, unknown): “9 Miller and Puthenpurackal (2002) find similar evidence of an economically significant decline bond spreads in the Yankee bond market.”
Control/ownership structure, creditor rights protection, and the cost of debt financing: International evidence (2010, background): “Miller and Puthenpurackal (2002) offer the first empirical evidence on the importance of investor protection in the debt market.”
The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2015, background): “For instance, Miller and Puthenpurackal (2002) find that U.S. debtholders demand economically significant premiums for bonds of foreign firms that have no prior history of ongoing disclosure.”
Do Country Level Investor Protections Impact Security Level Contract Design? Evidence from Foreign Bond Covenants (2012, unknown): “Consistent with this hypothesis that the local investor protection environment is important in the Yankee bond market, Miller and Puthenpurackal (2002) find that Yankee bond investors charge higher yield spreads for firms located in countries with weak creditor protections.”
International Financial Integration Through Equity Markets: Which Firms from Which Countries Go Global? (2007, unknown): “See, for example, Baker and others (1999), Chaplinsky and Ramchand (2000), Miller and Puthenpurackal (2002) , Lins and others (2005), Gozzi and others (2006), and Schmukler and Vesperoni (2006).”