Junk Bonds: How High Yield Securities Restructured Corporate America

Junk Bonds: How High Yield Securities Restructured Corporate America

by Glenn Yago (Author)

Synopsis

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 cases.

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More Information

Format: Illustrated
Pages: 264
Edition: Illustrated
Publisher: Oxford University Press
Published: 15 Nov 1990

ISBN 10: 019506111X
ISBN 13: 9780195061116