Do seasoned offerings improve the performance of issuing firms? Evidence from China
(2018)
Journal Article
Zhang, D., Wu, Y., Ye, Q., & Liu, J. (2019). Do seasoned offerings improve the performance of issuing firms? Evidence from China. International Review of Financial Analysis, 62(Mar 19), 104-123. https://doi.org/10.1016/j.irfa.2018.08.001
This study provides new evidence that the performance of issuing firms varies by issue type, based on survival analysis methods. Our non-parametric results show that firms raising capital through rights issues, and notably through cash offers, experi... Read More about Do seasoned offerings improve the performance of issuing firms? Evidence from China.