Contents: European Financial Management 1/2017

• Date: 01 January 2017
• DOI: http://doi.org/10.1111/eufm.12104
• Published date: 01 January 2017

EUROPEAN

FINANCIAL MANAGEMENT

The Journal of the European Financial Management Association

VOLUME 23, NUMBER 1

JANUARY 2017

Bank Risk Dynamics Where Assets are Risky Debt Claims 3

SHARON PELEG-LAZAR and ALON RAVIV

The Market Liquidity Timing Skills of Debt-oriented Hedge Funds 32

BAIBING LI, JI LUO and KAI-HONG TEE

Endogenous Credit Spreads and Optimal Debt Financing Structure in the

Presence of Liquidity Risk 55

EVA LÜTKEBOHMERT, DANIEL OELTZ and YAJUN XIAO

Financial Flexibility and Investment Ability Across the Euro Area and

the UK 87

ANNALISA FERRANDO, MARIA-TERESA MARCHICA

and ROBERTO MURA

Announcement Effects of Contingent Convertible Securities: Evidence from

the Global Banking Industry 127

MANUEL AMMANN, KRISTIAN BLICKLE

and CHRISTIAN EHMANN

Risk Control: Who Cares? 153

NICK TAYLOR

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