Browsing NHH Brage by Author "Joakim, Olav"
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Corporate restructurings and the effect of ownership concentration on bond recovery rates : an empirical study of recovery rates in the Norwegian high yield bond market
Joakim, Olav; Skjæret, Andreas (Master thesis, 2017)This study examines the effect of ownership concentration on recovery rates for 112 defaulted high yield bonds issued by Norwegian firms. We find evidence suggesting that concentrated ownership in the hands of the firm’s ...