THE CASE FOR CONVERTIBLES*

Authors

  • Michael J. Brennan,

    1. Irwin Hearsh Professor of Money and Banking at UCLA's Anderson Graduate School of Management. Brennan is current- ly President-elect of the American Finance Association and was formerly Editor of the Journal of Finance, Dr. Brennan is currently the founding Editor of a new finance publication, Oxford University's Review of Financial Studies.
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  • Eduardo S. Schwartz

    1. Professor of Finance at UCLA's Anderson Graduate School of Management. His published research deals with the pricing of convertible securities and options, corporate finance for regulated industries, and bond pricing models, Dr. Schwartz has co-authored two books (with Michael Brennan): Savings Bonds: Theory and Empirical Evidence and Pricing and Investment Strategies for Guaranteed Equity Length Life Insurance.
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  • *

    This article was originally published in the Chase Financial Quarterly (Vol. 1 No. 3) and is reprinted with the permission of the Chase Manhattan Bank.

No abstract is available for this article.

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