{"id":"https://openalex.org/W2119981902","doi":"https://doi.org/10.2139/ssrn.396482","title":"Security Fungibility and the Cost of Capital: Evidence from Global Bonds","display_name":"Security Fungibility and the Cost of Capital: Evidence from Global Bonds","publication_year":2005,"publication_date":"2005-01-01","ids":{"openalex":"https://openalex.org/W2119981902","doi":"https://doi.org/10.2139/ssrn.396482","mag":"2119981902"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.396482","doi":"https://doi.org/10.2139/ssrn.396482","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.396482","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.396482","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5044054241","display_name":"Darius P. Miller","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I178169726","display_name":"Southern Methodist University","ror":"https://ror.org/042tdr378","country_code":"US","type":"education","lineage":["https://openalex.org/I178169726"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Darius P. Miller","raw_affiliation_strings":["Southern Methodist University (SMU) - Finance Department, United States","Southern Methodist University (SMU) - Finance Department"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Southern Methodist University (SMU) - Finance Department, United States","institution_ids":["https://openalex.org/I178169726"]},{"raw_affiliation_string":"Southern Methodist University (SMU) - Finance Department","institution_ids":["https://openalex.org/I178169726"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5069225855","display_name":"John J. Puthenpurackal","orcid":"https://orcid.org/0009-0001-1255-6896","observed_orcids":["https://orcid.org/0009-0001-1255-6896"]},"institutions":[{"id":"https://openalex.org/I133999245","display_name":"University of Nevada, Las Vegas","ror":"https://ror.org/0406gha72","country_code":"US","type":"education","lineage":["https://openalex.org/I133999245"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"John Puthenpurackal","raw_affiliation_strings":["University of Nevada, Las Vegas - Department of Finance, 4505 S. Maryland Parkway, Box 456008, Las Vegas, NV 89154-6008, United States","University of Nevada, Las Vegas - Department of Finance"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Nevada, Las Vegas - Department of Finance, 4505 S. Maryland Parkway, Box 456008, Las Vegas, NV 89154-6008, United States","institution_ids":["https://openalex.org/I133999245"]},{"raw_affiliation_string":"University of Nevada, Las Vegas - Department of Finance","institution_ids":["https://openalex.org/I133999245"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5044054241"],"corresponding_institution_ids":["https://openalex.org/I178169726"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7143999934196472,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.7143999934196472,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.24709999561309814,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.014399999752640724,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cost-of-capital","display_name":"cost of capital","score":0.9629999995231628},{"id":"https://openalex.org/keywords/debt-issuance","display_name":"debt issuance","score":0.5289999842643738},{"id":"https://openalex.org/keywords/eurobonds","display_name":"Eurobonds","score":0.7170000076293945},{"id":"https://openalex.org/keywords/bond-liquidity","display_name":"bond liquidity","score":0.5350000262260437},{"id":"https://openalex.org/keywords/shareholder-value","display_name":"shareholder value","score":0.7120000123977661},{"id":"https://openalex.org/keywords/stock-price-reaction","display_name":"stock price reaction","score":0.8920000195503235},{"id":"https://openalex.org/keywords/issuance-costs","display_name":"issuance costs","score":0.5960000157356262},{"id":"https://openalex.org/keywords/international-capital-markets","display_name":"international capital markets","score":0.42399999499320984}],"concepts":[{"id":"https://openalex.org/C101754097","wikidata":"https://www.wikidata.org/wiki/Q1474273","display_name":"Fungibility","level":2,"score":0.9386684894561768},{"id":"https://openalex.org/C69738904","wikidata":"https://www.wikidata.org/wiki/Q11693","display_name":"Bond","level":2,"score":0.5841620564460754},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4960866868495941},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.48657190799713135},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.41674843430519104},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.41213154792785645},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.20626848936080933},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.12559688091278076},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.396482","doi":"https://doi.org/10.2139/ssrn.396482","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.396482","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.2139/ssrn.396482","doi":"https://doi.org/10.2139/ssrn.396482","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.396482","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":40,"referenced_works":["https://openalex.org/W1532339465","https://openalex.org/W1724047872","https://openalex.org/W1935720417","https://openalex.org/W1981027511","https://openalex.org/W1983683127","https://openalex.org/W1985558404","https://openalex.org/W1990079356","https://openalex.org/W1997246417","https://openalex.org/W1999918735","https://openalex.org/W2046519558","https://openalex.org/W2050322029","https://openalex.org/W2051333275","https://openalex.org/W2056421495","https://openalex.org/W2069227434","https://openalex.org/W2078281097","https://openalex.org/W2080920819","https://openalex.org/W2082132807","https://openalex.org/W2082471173","https://openalex.org/W2098910318","https://openalex.org/W2099756352","https://openalex.org/W2101102599","https://openalex.org/W2104208077","https://openalex.org/W2104559023","https://openalex.org/W2108421949","https://openalex.org/W2108818539","https://openalex.org/W2123065662","https://openalex.org/W2128778916","https://openalex.org/W2130332397","https://openalex.org/W2139328337","https://openalex.org/W2140536065","https://openalex.org/W2141807369","https://openalex.org/W2170713266","https://openalex.org/W2890135031","https://openalex.org/W3121504762","https://openalex.org/W3122504689","https://openalex.org/W3123021163","https://openalex.org/W3123556084","https://openalex.org/W3123770188","https://openalex.org/W3124650323","https://openalex.org/W3125453952"],"related_works":["https://openalex.org/W7127052500","https://openalex.org/W3125187732","https://openalex.org/W7111124114","https://openalex.org/W4409623531","https://openalex.org/W1975200098","https://openalex.org/W4288808410","https://openalex.org/W2062846495","https://openalex.org/W2744580211","https://openalex.org/W2848626722","https://openalex.org/W4393021745"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2016-06-24T00:00:00"}
