18-037/VI - Accounting Noise and the Pricing of Cocos

• Authors
  Mike Derksen, KdVI, UvA; Peter Spreij, KdVI, UvA; Radboud University Nijmegen; Sweder van Wijnbergen, UvA; CEPR
• Publication date
  April 14, 2018

• Keywords
  Contingent capital pricing, accounting noise, Coco triggers, Coco design, risk taking incentives, investment incentives
• JEL
  G12, G13, G18, G21, G28, G32