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The use of stand alone warrants as unique capital raising instruments

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  • Suchard, Jo-Ann

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  • Suchard, Jo-Ann, 2005. "The use of stand alone warrants as unique capital raising instruments," Journal of Banking & Finance, Elsevier, vol. 29(5), pages 1095-1112, May.
  • Handle: RePEc:eee:jbfina:v:29:y:2005:i:5:p:1095-1112
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    4. Billingsley, Randall S & Lamy, Robert E & Smith, David M, 1990. "Units of Debt with Warrants: Evidence of the "Penalty-Free" Issuance of an Equity-Like Security," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 13(3), pages 187-199, Fall.
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    8. Eckbo, B. Espen & Masulis, Ronald W., 1992. "Adverse selection and the rights offer paradox," Journal of Financial Economics, Elsevier, vol. 32(3), pages 293-332, December.
    9. Jean-François Gajewski & Edith Ginglinger, 2002. "Seasoned Equity Issues in a Closely Held Market: Evidence from France," Review of Finance, European Finance Association, vol. 6(3), pages 291-319.
    10. Gordon Gemmill & Dylan Thomas, 1997. "Warrants on the London Stock Exchange: Pricing Biases and Investor Confusion," Review of Finance, European Finance Association, vol. 1(1), pages 31-49.
    11. Heinkel, Robert, 1982. "A Theory of Capital Structure Relevance under Imperfect Information," Journal of Finance, American Finance Association, vol. 37(5), pages 1141-1150, December.
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    15. Lauterbach, Beni & Schultz, Paul, 1990. "Pricing Warrants: An Empirical Study of the Black-Scholes Model and Its Alternatives," Journal of Finance, American Finance Association, vol. 45(4), pages 1181-1209, September.
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    18. Stewart C. Myers & Nicholas S. Majluf, 1984. "Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have," NBER Working Papers 1396, National Bureau of Economic Research, Inc.
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    20. Maynes, Elizabeth & Rumsey, John, 1993. "Conducting event studies with thinly traded stocks," Journal of Banking & Finance, Elsevier, vol. 17(1), pages 145-157, February.
    21. Fowler, David J. & Rorke, C. Harvey, 1983. "Risk measurement when shares are subject to infrequent trading : Comment," Journal of Financial Economics, Elsevier, vol. 12(2), pages 279-283, August.
    22. Schultz, Paul, 1993. "Unit initial public offerings *1: A form of staged financing," Journal of Financial Economics, Elsevier, vol. 34(2), pages 199-229, October.
    23. Leland, Hayne E & Pyle, David H, 1977. "Informational Asymmetries, Financial Structure, and Financial Intermediation," Journal of Finance, American Finance Association, vol. 32(2), pages 371-387, May.
    24. Masulis, Ronald W & Ng, Victor K, 1995. "Overnight and Daytime Stock-Return Dynamics on the London Stock Exchange: The Impact of the "Big Bang" and the 1987 Stock-Market Crash," Journal of Business & Economic Statistics, American Statistical Association, vol. 13(4), pages 365-378, October.
    25. Marsden, Alastair, 2000. "Shareholder wealth effects of rights issues: Evidence from the New Zealand capital market," Pacific-Basin Finance Journal, Elsevier, vol. 8(3-4), pages 419-442, July.
    26. Randall S. Billingsley & Robert E. Lamy & David M. Smith, 1990. "Units Of Debt With Warrants: Evidence Of The “Penalty-Free” Issuance Of An Equity-Like Security," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 13(3), pages 187-199, September.
    27. Miller, Merton H & Rock, Kevin, 1985. "Dividend Policy under Asymmetric Information," Journal of Finance, American Finance Association, vol. 40(4), pages 1031-1051, September.
    28. Kang, Jun-Koo & Stulz, Rene M, 1996. "How Different Is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues," Review of Financial Studies, Society for Financial Studies, vol. 9(1), pages 109-139.
    29. DeAngelo, Harry & Masulis, Ronald W., 1980. "Optimal capital structure under corporate and personal taxation," Journal of Financial Economics, Elsevier, vol. 8(1), pages 3-29, March.
    30. Peter A. Brous & Omesh Kini, 1994. "The Valuation Effects of Equity Issues and the Level of Institutional Ownership: Evidence from Analysts' Earnings Forecasts," Financial Management, Financial Management Association, vol. 23(1), Spring.
    31. Katherine L. Phelps & William T. Moore & Rodney L. Roenfeldt, 1991. "Equity Valuation Effects Of Warrant-Debt Financing," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 14(2), pages 93-103, June.
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    Cited by:

    1. Suchard, Jo-Ann & Singh, Manohar, 2006. "The determinants of the hybrid security issuance decision for Australian firms," Pacific-Basin Finance Journal, Elsevier, vol. 14(3), pages 269-290, June.
    2. Yao, Zhihua, 2021. "The choice of equity financing: Floating-priced warrants versus SEOs," Pacific-Basin Finance Journal, Elsevier, vol. 69(C).

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