Corporate Bond Credit Spreads and Forecast Dispersion

Author(s):  
Levent Guntay ◽  
Dirk Hackbarth

2010 ◽  
Author(s):  
Levent Guntay ◽  
Dirk Hackbarth


2010 ◽  
Vol 34 (10) ◽  
pp. 2328-2345 ◽  
Author(s):  
Levent Güntay ◽  
Dirk Hackbarth


2017 ◽  
Vol 22 (5) ◽  
pp. 1877-1909 ◽  
Author(s):  
Siamak Javadi ◽  
Ali Nejadmalayeri ◽  
Timothy L Krehbiel




Author(s):  
Siamak Javadi ◽  
Ali Nejadmalayeri ◽  
Timothy L. Krehbiel






2019 ◽  
Vol 12 (4) ◽  
pp. 184 ◽  
Author(s):  
Jieyan Fang-Klingler

This paper investigates the impact of annual report readability on the corporate bond market. My findings indicate that in the US corporate bond market, firms with less readable annual reports tend to have higher credit spreads, higher credit spread volatilities, higher transaction costs, higher transaction costs volatility, smaller trade size, higher number of trades and higher number of trades volatility. This paper also provides the first answers to the question as to whether annual report readability matters to international market participants in the corporate bond market. My findings provide evidence that in the EUR corporate bond market, firms with more readable annual reports are associated with lower credit spreads.



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