Chen et al., 2026 - Google Patents

Asset growth anomaly of corporate bonds: a decomposition analysis

Chen et al., 2026

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Document ID
3169847780878077871
Author
Chen F
Huang J
Li Y
Wu W
Yu T
Publication year
Publication venue
The Review of Asset Pricing Studies

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Snippet

This study examines the relationship between corporate asset growth rates and bond performance, uncovering a strong inverse relationship between the two. Higher asset growth increases asset value, potentially offering greater protection to bondholders and leading to …
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