Mandatory shareholder approval of equity issuances varies across and within countries.
When shareholders approve issuances, average announcement returns are positive. When …

We estimate the economic value of due diligence (DD) in the context of private equity by
investigating the relationship between DD and investee performance, while controlling for …

By taking a longer period (1998-2008) this study examines the stock price reaction to the
announcement of different equity issues in China. Initially, the study documents the …

Rights issue is a secondary equity issue in which new additional shares are issued to the
existing shareholders in exchange for cash (capital) needed by a publicly quoted company …

This study examines the operating performance of privatised firms in three Central European
Transition Economies between 1990 and 1998. Overall, we find no evidence of a significant …

We use meta‐analysis to review studies on announcement effects associated with seasoned
equity offerings. Our sample includes 199 studies from 38 leading finance journals and …

This study examines market efficiency and market reaction to political events in Colombo
Stock Exchange (CSE) using a sample of 40 major political events of the emerging market of …

We examine intraday abnormal returns associated with rights issue announcements in the
Australian equity market over the period January 2000 to December 2022. Consistent with …

Prior research on seasoned equity offerings in UK shows that equity issuers report a
significant long-term underperformance in the period following the event. However, the …

本文以1997-2000 年沪, 深两市实施了配股的A 股公司为样本, 分析了配股资金的使用情况;
采用实证研究的方法, 从会计业绩和股票回报率业绩两个方面研究了配股资金使用的不同行为对 …