C.N.V. Krishnan

Working Papers

• Working Paper

  On Forecasting the Term Structure of Credit Spreads

  C.N.V. Krishnan Peter Ritchken James B. Thomson
  04.01.2007 | WP 07-05
  Predictions of firm-by-firm term structures of credit spreads based on current spot and forward values can be improved upon by exploiting information contained in the shape of the credit-spread curve.
• Working Paper

  Offer-Price Discount of Bank Seasoned Equity Offers: Do Voluntary and Involuntary Offers Convey Different Information?

  O. Emre Ergungor C.N.V. Krishnan Ajai Singh Allan Zebedee
  12.01.2005 | WP 05-15
  Seasoned equity offers made by undercapitalized banks (labeled involuntary offers) could be different from other seasoned equity offers because the issuer is presumably under regulatory duress to make up the shortfall in required capital.
• Working Paper

  Bank Seasoned Equity Offers: Do Voluntary & Involuntary Offers Differ?

  O. Emre Ergungor C.N.V. Krishnan Ajai Singh Allan Zebedee
  12.01.2004 | WP 04-14
  Recent research has shown that for industrial and utilities’ seasoned equity offers (SEOs) the offer price discount is informative and has significant price effects.
• Working Paper

  On Credit Spread Slopes and Predicting Bank Risk

  C.N.V. Krishnan Peter Ritchken James B. Thomson
  11.14.2003 | WP 03-14
  We examine whether credit-spread curves, engendered by a mandatory subordinated-debt requirement for banks, would help predict bank risk.
• Working Paper

  Monitoring and Controlling Bank Risk: Does Risky Debt Serve Any Purpose?

  C.N.V. Krishnan Peter Ritchken James B. Thomson
  05.01.2003 | WP 03-01
  We examine whether mandating banks to issue subordinated debt would serve to enhance market monitoring and control risk taking.