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Explanation for market response to seasoned equity offerings

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  • Robert Hull
  • Sungkyu Kwak
  • Rosemary Walker

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  • Robert Hull & Sungkyu Kwak & Rosemary Walker, 2012. "Explanation for market response to seasoned equity offerings," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 36(3), pages 634-661, July.
    • Handle: RePEc:spr:jecfin:v:36:y:2012:i:3:p:634-661
    DOI: 10.1007/s12197-010-9139-6
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    Cited by:

    1. Robert M. Hull & Sungkyu Kwak & Rosemary Walker, 2018. "Hedge fund attributes, insider behavior, and IPO volatility," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 42(2), pages 268-292, April.
    2. Julian FRANKS & Colin MAYER & MIYAJIMA Hideaki & OGAWA Ryo, 2023. "Managing Ownership by Management," Discussion papers 23022, Research Institute of Economy, Trade and Industry (RIETI).

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    More about this item

    Keywords

    Inside ownership; Seasoned equity offering; Signaling theory; D82; G14; G32;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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