Political connections and seasoned equity offerings
(2021)
Journal Article
Nnadi, M., Sorwar, G., Eskandari, R., & Chizema, A. (2021). Political connections and seasoned equity offerings. Journal of Banking and Finance, 133, 106312. https://doi.org/10.1016/j.jbankfin.2021.106312
This study examines the impact of political connections on seasoned equity offerings. Using seasoned equity offerings (SEOs) from 2001 to 2018 in the USA, we find that politically connected issuers enjoy a lower cost of seasoned equity issuance than... Read More about Political connections and seasoned equity offerings.