Rolle von Mandatory Convertibles in der Kapitalstruktur. Eine empirische Analyse von Werteffekten und Emissionsgründen
Rolle von Mandatory Convertibles in der Kapitalstruktur. Eine empirische Analyse von Werteffekten und Emissionsgründen

Rolle von Mandatory Convertibles in der Kapitalstruktur. Eine empirische Analyse von Werteffekten und Emissionsgründen


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About the Book

Masterarbeit aus dem Jahr 2022 im Fachbereich BWL - Investition und Finanzierung, Note: 1,3, Technische Universität Darmstadt, Sprache: Deutsch, Abstract: Im Rahmen dieser Arbeit wird das Konzept der Mandatory Convertibles, eine spezielle Form von Wandelanleihen, genauer untersucht. Sie sind ein bedeutendes Finanzinstrument, das in den letzten Jahrzehnten an Popularität gewonnen hat. Trotz ihrer zunehmenden Bedeutung in der Unternehmensfinanzierung, fehlt eine umfassende Betrachtung und Analyse ihrer Emissionsgründe und Werteffekte in der vorhandenen Literatur. Die Arbeit wird den theoretischen Hintergrund von Mandatory Convertibles beleuchten und die Besonderheiten gegenüber traditionellen Convertibles hervorheben. Weiterhin wird ein Schwerpunkt auf die Analyse der Auswirkungen der Emission dieser Finanzinstrumente auf den Unternehmenswert und den Aktienkurs gelegt. Einen besonderen Blick werfen wir auf die Aktienkursreaktionen der Unternehmen, die eine Emission von Mandatory Convertibles ankündigen. Ziel ist es, zu verstehen, welche Faktoren die Reaktionen der Anleger beeinflussen und welche Schlüsse Unternehmen daraus ziehen können, um ihre Kapitalstruktur zu optimieren. Darüber hinaus sollen diese Erkenntnisse dazu beitragen, die Rolle von Mandatory Convertibles in der Kapitalstruktur von Unternehmen besser zu verstehen, vor allem in Hinblick auf die Unternehmensbewertung und die Entscheidungsfindung bei der Kapitalaufnahme. Durch die Analyse vorhandener empirischer Studien sowie eigener Untersuchungen sollen die Emissionsgründe und Werteffekte von Mandatory Convertibles umfassend dargestellt und erläutert werden. Die vorliegende Arbeit liefert somit einen wichtigen Beitrag zur bestehenden Forschung über hybride Finanzierungsinstrumente und trägt zum besseren Verständnis der Rolle von Mandatory Convertibles in der modernen Unternehmensfinanzierung bei.


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Product Details
  • ISBN-13: 9783346875266
  • Publisher: Bod Third Party Titles
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Weight: 195 gr
  • ISBN-10: 3346875261
  • Publisher Date: 27 Apr 2023
  • Height: 210 mm
  • No of Pages: 102
  • Spine Width: 6 mm
  • Width: 148 mm


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Rolle von Mandatory Convertibles in der Kapitalstruktur. Eine empirische Analyse von Werteffekten und Emissionsgründen
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Rolle von Mandatory Convertibles in der Kapitalstruktur. Eine empirische Analyse von Werteffekten und Emissionsgründen
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