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Keywords: Growth option
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Journal Articles
Firms' financial structure with contingent convertible debt, risky debt and multiple growth options
Available to Purchase
Journal:
China Finance Review International
China Finance Review International (2023) 13 (2): 230–262.
Published: 28 February 2023
...Ons Triki; Fathi Abid Purpose The objective of this paper is twofold: first, to model the value of the firm in the presence of contingent capital and multiple growth options over its life cycle in a stochastic universe to ensure financial stability and recover losses in case of default and second...
