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Keywords: Credit spread
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Journal Articles
Journal:
China Accounting and Finance Review
China Accounting and Finance Review (2022) 24 (3): 359–390.
Published: 10 June 2022
..., the impact of bankruptcy courts on the bond issuance market can be analyzed. Findings This paper reveals that bond issuance credit spreads increase and is more sensitive to firm size, profitability and downside risk of issuance entity after the introduction of bankruptcy courts. It also reveals...
