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The Accounting Review Vol. 70 No. 1 1995

The Usefulness of Hybrid Security Classifications: Evidence from Redeemable Preferred Stock.

Paul Kimmel; Terry D. Warfield

Abstract

Presents empirical evidence on the economic substance of the hybrid security redeemable preferred stock (RPFD). Variation in the relation between firm leverage and systematic risk; RPFD's impact on systematic risk; Factors affecting market perception of RPFD.

DOI
10.2308/tar-9502082513
Volume
70
Issue
1
Pages
151-167
Language
en
Sources
openalex crossref

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