This study focuses on the effect of issuing corporate bond of shipping company. It is thought that Investors recognize signal on issuing bond of shipping company. This paper examines the case of Hanjin Shipping's issuing corporate bond. In order to analyze effect of issuing corporate bond on the stock price. By using the market model, we calculates the cumulative abnormal return(CAR) for 20 days before and after issuing corporate bond. This study also discussed a refunding bond and operating objective bond. the result, It find that the difference in CAR for 20 days before and after issuing corporate bond according to objective.
목차
Ⅰ. 서론 Ⅱ. 이론적 고찰 Ⅲ. 사례연구 Ⅵ. 결론 참고문헌
키워드
해운선사회사채주가사례연구Shipping CompanyBondStock PriceCase Study
저자
김국진 [ Kim, Kuk Jin | 한국해양대학교 대학원 ]
김강혁 [ Kim, Kang Hyeok | 한국해양대학교 세계해양발전전략연구소 전임연구원 ]