This paper tests whether poorly capitalized banks with troubled loan books are more likely to
miss their bailout dividends. Privately held banks with weaker core capital ratios, more …

The credit risk of preferred stock is not simply the probability of default. Because preferred
stock is legally an equity security, issuers may omit dividends without triggering default or …

本文分析了美国优先股制度的发展历程, 重点研究了美国优先股制度变迁和内部动力机制.
我国经济处于转型的重要历史时期, 结合美国两次转型的共同点, 亟需引入优先股制度助力资本 …

Most of the banks receiving capital injections from the Troubled Asset Relief Programme
(TARP) issued preferred stock to taxpayers. This paper presents the factors that affect …

This paper tests whether poorly capitalized banks with troubled loan books are more likely to
miss their bailout dividends. Privately held banks with weaker core capital ratios, more …

This is the only paper to provide a valuation framework for untraded Troubled Asset Relief
Program (TARP) preferred stock. Up to $8.1 billion of bailout preferred stock, which is …

优先股作为成熟资本市场的重要再融资工具, 具有稳定金融市场体系, 防控风险扩散的作用.
近年来, 我国在推行优先股工作方面取得了初步成果. 基于先易后难的原则, 中国监管部门已推动 …

The liquidity discounts in the first seventy-two Troubled Asset Relief Program (TARP)
auctions of preferred stock averaged 9.6%. The liquidity discounts were significantly lower …

Most of the banks receiving capital injections from the Troubled Asset Relief Program
(TARP) issued preferred stock to taxpayers. This paper looks at the factors that affect publicly …

Under FASB Accounting Standards Codification 718 (formerly FAS 123 [R]), equity
compensation granted to employees is valued at fair value at the time of the grant and then …