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Adverse selection and the rights offer paradox

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Author Info
Eckbo, B. Espen
Masulis, Ronald W.

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Abstract

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File URL: http://www.sciencedirect.com/science/article/B6VBX-45N4M8C-13/2/e84f0decca2ee1167dc408811047de86
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Publisher Info
Article provided by Elsevier in its journal Journal of Financial Economics.

Volume (Year): 32 (1992)
Issue (Month): 3 (December)
Pages: 293-332
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Handle: RePEc:eee:jfinec:v:32:y:1992:i:3:p:293-332

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Web page: http://www.elsevier.com/locate/inca/505576

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  1. Kabir, R. & Roosenboom, P., 2000. "Can the stock market anticipate future operating performance? : evidence from equity rights issues," Discussion Paper 22, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Günther Gebhardt & Stefan Heiden & Holger Daske, 2001. "Determinants of Capital Market Reactions to Seasoned Equity Offers by German Corporations," Working Paper Series: Finance and Accounting 85, Department of Finance, Goethe University Frankfurt am Main. [Downloadable!]
  3. Cronqvist, Henrik & Nilsson, Mattias, 2001. "The choice between rights offerings and private equity placements," Working Paper Series in Economics and Finance 0452, Stockholm School of Economics, revised 21 Jan 2002.
  4. Consuelo Riaño Gil & Francisco Javier Ruiz Cabestre & Rafael Santamaría Aquilué, 2004. "Formación de precios de suscripción en el mercado bursátil español: algunas consideraciones," Investigaciones Economicas, Fundación SEPI, vol. 28(1), pages 141-191, January. [Downloadable!]
  5. Ramon P. DeGennaro, 2003. "Direct investments in securities: A primer," Economic Review, Federal Reserve Bank of Atlanta, issue Q1, pages 1-14. [Downloadable!]
  6. Adriani, Fabrizio & Deidda, Luca & Sonderegger, Silvia, 2009. "The Role of Financial Intermediaries in Securities Issues: A Theoretical Analysis," MPRA Paper 16112, University Library of Munich, Germany. [Downloadable!]
  7. B. M. Burton & D. M. Power, 2003. "Evidence on the determinants of equity issue method in the UK," Applied Financial Economics, Taylor and Francis Journals, vol. 13(2), pages 145-157, January. [Downloadable!] (restricted)
  8. Jun-Koo Kang & Rene M. Stulz, 1994. "How Different is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues," NBER Working Papers 4908, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  9. Kabir, R. & Roosenboom, P.G.J., 2002. "Can the stock market anticipate future operating performance? Evidence from equity rights issues," Research Paper ERS-2002-102-F&A Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni. [Downloadable!]
  10. Molin, Johan, 1996. "Shareholder gains from equity private placements: Evidence from the Stockholm Stock Exchange," Working Paper Series in Economics and Finance 101, Stockholm School of Economics. [Downloadable!]
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