Junk Bonds : How High Yield Securities Restructured Corporate America.

This is a study of the high yield bond market, popularly called junk bonds. The author has studied how companies that use junk bond financing compare in economic performance with their industry averages. This book shows that the performance of these companies was superior in the vast majority of cas...

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Bibliographic Details
Main Author: Yago, Glenn
Format: Electronic eBook
Language:English
Published: New York : Oxford University Press, 1990.
Subjects:
Online Access: Full text (MFA users only)
ISBN:9780195345179
0195345177
Local Note:ProQuest Ebook Central
Table of Contents:
  • Contents; 1. The Rhetoric and Reality of Junk Bonds; 2. The Origins of Junk; 3. The Role of Corporate Debt; 4. Analyzing High Yield Securities; 5. The Impact of Junk Bonds on Industrial Performance; 6. High Yield Companies in Focus; 7. Leveraged Buyouts, Corporate Restructuring, and Debt in the 1980s; 8. LBO Companies; 9. Leveraged Buyouts and Industrial Competitiveness; 10. Public Policy Responses to High Yield Bonds; 11. Shake-outs and Showdowns in the Capital Market; 12. Toward a New Economy; Methodological Appendix; Bibliography; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R.
  • ST; U; V; W.