The primary focus of this study is on modeling the relationship between the volatility of
corporate bond yield spreads and other covariates, including interest rate volatility, equity …

This study analyzes whether corporate financing policies of the US industrial firms have
depended on borrowing costs during the last forty years. The results show that the impact is …

This article considers nine different predictive techniques, including state-of-the-art machine
learning methods for forecasting corporate bond yield spreads with other input variables. We …

This research focuses on modeling for how corporate bond yield spreads are affected by
explanatory variables such as equity volatility, interest rate volatility, r, slope, rating, liquidity …

We identify the call premium in nonconvertible callable bonds as an effective contracting
provision to address agency conflict due to reinvestment risk and credit rating improvements …

This research investigates the impact of interest rate volatility upon corporate bond yield
spreads. We first consider the impact of interest rate volatility upon noncallable bond …

Bonds with either fixed price or make whole call provisions allow for the efficient
recontracting of claims, but they differ in terms of their ability to mitigate debt agency costs …

We examine the choice and the offer spreads between callable and noncallable bonds. We
find significant differences by industry sector and therefore segment our results by financial …

We examine the security and firm characteristics of a sample of 2,027 non-convertible
investment grade floating rate securities (bonds) issued by the US based firms between …

We reconsider the role of asymmetric information in motivating the issuance of callable
bonds. The previous literature has emphasized a possibility that a call feature serves as a …