Search Results - "Vasvari, Florin P"

The Debt-Contracting Value of Accounting Information and Loan Syndicate Structure by BALL, RYAN, BUSHMAN, ROBERT M., VASVARI, FLORIN P.

“…We investigate how both the ownership structure and explicit contractual structure of syndicated loan deals are shaped by the debt-contracting value (DCV) of…”
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Corporate Diversification and the Cost of Debt: The Role of Segment Disclosures by Franco, Francesca, Urcan, Oktay, Vasvari, Florin P.

“…Previous theoretical arguments suggest that industrial diversification provides a co-insurance effect that decreases the firm's default risk. In this paper, we…”
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Portfolio performance manipulation in collateralized loan obligations by Loumioti, Maria, Vasvari, Florin P.

“…We examine the discretionary activities that CLO managers engage in to pass monthly overcollateralization (OC) tests. These tests require a CLO's loan…”
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The debt market relevance of management earnings forecasts: evidence from before and during the credit crisis by Shivakumar, Lakshmanan, Urcan, Oktay, Vasvari, Florin P., Zhang, Li

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Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis by Clarkson, Peter M., Li, Yue, Richardson, Gordon D., Vasvari, Florin P.

“…Previous empirical evidence provides mixed results on the relationship between corporate environmental performance and the level of environmental disclosures…”
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Does it really pay to be green? Determinants and consequences of proactive environmental strategies by Clarkson, Peter M., Li, Yue, Richardson, Gordon D., Vasvari, Florin P.

“…This study examines what factors affect firms’ decisions to adopt a proactive environmental strategy and whether pursuing proactive environmental strategies…”
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Corporate Loan Securitization and the Standardization of Financial Covenants by BOZANIC, ZAHN, LOUMIOTI, MARIA, VASVARI, FLORIN P.

“…We examine whether syndicated loans securitized through collateralized loan obligations (CLOs) have more standardized financial covenants. We proxy for the…”
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Wealth Transfer Effects of Analysts' Misleading Behavior by Lu, Hai, Vasvari, Florin P, Franco, Gus de

“…We investigate a sample of 50 firm-events, identified in the Global Research Analysts Settlement, in which analysts were discovered to have acted misleadingly…”
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Equity cross-listings in the U.S. and the price of debt by Ball, Ryan T., Hail, Luzi, Vasvari, Florin P.

“…Using a large panel from 46 countries over 20 years, we find that non-U.S. firms issue corporate bonds more frequently and at lower offering yields following…”
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Dynamic threshold values in earnings-based covenants by Li, Ningzhong, Vasvari, Florin P., Wittenberg-Moerman, Regina

“…We examine the role of dynamic covenant threshold values in syndicated loan agreements. We document that 45% of syndicated loans specify dynamic covenant…”
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Initial Evidence on the Role of Accounting Earnings in the Bond Market by EASTON, PETER D., MONAHAN, STEVEN J., VASVARI, FLORIN P.

“…We document that: (1) the incidence of bond trade increases during the days surrounding earnings announcements, (2) there is a bond-price reaction to the…”
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Similarity in the Restrictiveness of Bond Covenants by De Franco, Gus, Vasvari, Florin P., Vyas, Dushyantkumar, Wittenberg-Moerman, Regina

“…We examine the economic determinants and consequences associated with the inclusion of covenants with similar levels of restrictiveness in bond contracts…”
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The debt market relevance of management earnings forecasts: evidence from before and during the credit crisis by Shivakumar, Lakshmanan, Urcan, Oktay, Vasvari, Florin P., Zhang, Li

“…We investigate the credit market’s response via changes in credit default swap (CDS) spreads to management earnings forecasts and evaluate the importance of…”
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Default clauses in debt contracts by Li, Ningzhong, Lou, Yun, Vasvari, Florin P.

“…We examine the determinants of events of default clauses in syndicated loan and bond contracts, provisions that allow lenders to request the repayment of…”
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Debt Analysts' Views of Debt-Equity Conflicts of Interest by De Franco, Gus, Vasvari, Florin P., Vyas, Dushyantkumar, Wittenberg-Moerman, Regina

“…We investigate how the tone of sell-side debt analysts' discussions about debt-equity conflict events affects the informativeness of debt analysts' reports in…”
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The Informational Role of Bond Analysts by DE FRANCO, GUS, VASVARI, FLORIN P., WITTENBERG-MOERMAN, REGINA

“…This study uses a large sample of sell-side bond analysts' reports to examine the properties of recommendations provided by bond analysts and the impact of…”
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Media Coverage and the Stock Market Valuation of TARP Participating Banks by Ng, Jeffrey, Vasvari, Florin P., Wittenberg-Moerman, Regina

“…We examine the impact of media coverage of the Capital Purchase Program (CPP) under the Troubled Assets Relief Program on the equity market valuation of…”
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Erratum to: Default clauses in debt contracts by Li, Ningzhong, Lou, Yun, Vasvari, Florin P.

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Discussion of “Hedge commitments and agency costs of debt: evidence from interest rate protection covenants and accounting conservatism” by Vasvari, Florin P.

“…Beatty, Petacchi, and Zhang investigate the role of two hedge commitment mechanisms—interest rate protection covenants and accounting conservatism—in reducing…”
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The Role of Reputable Auditors and Underwriters in the Design of Bond Contracts by Lou, Yun, Vasvari, Florin P.

“…The authors empirically test the certification hypothesis by studying the roles of reputable auditors and bank underwriters in the design of bond contracts…”
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