Journal of Business Finance & AccountingVolume 3, Issue 1 p. 125-135 LONG-TERM DEBT AND REALISABLE GAINS IN SHAREHOLDER WEALTH: AN EMPIRICAL STUDY G. BRISCOE, G. BRISCOE G. Briscoe is Senior Research Fellow in the Centre for Industrial Economic and Business Research at the University of Warwick, and G. Hawke is a Chartered Accountant who carried out this study as part of his M.Sc. in the School of Industrial and Business Studies, University of Warwick, during 1975. The authors are grateful for the encouragement and guidance provided by John Perrin in carrying out this study. They alone are responsible for any remaining errors or omissions.Search for more papers by this authorG. HAWKE, G. HAWKE G. Briscoe is Senior Research Fellow in the Centre for Industrial Economic and Business Research at the University of Warwick, and G. Hawke is a Chartered Accountant who carried out this study as part of his M.Sc. in the School of Industrial and Business Studies, University of Warwick, during 1975. The authors are grateful for the encouragement and guidance provided by John Perrin in carrying out this study. They alone are responsible for any remaining errors or omissions.Search for more papers by this author G. BRISCOE, G. BRISCOE G. Briscoe is Senior Research Fellow in the Centre for Industrial Economic and Business Research at the University of Warwick, and G. Hawke is a Chartered Accountant who carried out this study as part of his M.Sc. in the School of Industrial and Business Studies, University of Warwick, during 1975. The authors are grateful for the encouragement and guidance provided by John Perrin in carrying out this study. They alone are responsible for any remaining errors or omissions.Search for more papers by this authorG. HAWKE, G. HAWKE G. Briscoe is Senior Research Fellow in the Centre for Industrial Economic and Business Research at the University of Warwick, and G. Hawke is a Chartered Accountant who carried out this study as part of his M.Sc. in the School of Industrial and Business Studies, University of Warwick, during 1975. The authors are grateful for the encouragement and guidance provided by John Perrin in carrying out this study. They alone are responsible for any remaining errors or omissions.Search for more papers by this author First published: March 1976 https://doi.org/10.1111/j.1468-5957.1976.tb00477.xCitations: 3 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume3, Issue1March 1976Pages 125-135 RelatedInformation