We examine the influence of corporate governance quality on firms' choice between
convertible debt, straight debt, and equity using a Western European sample of security …

We use meta‐analysis to review studies on announcement effects associated with seasoned
equity offerings. Our sample includes 199 studies from 38 leading finance journals and …

We study at-the-market (ATM) equity offerings, which are direct share issuances sold in the
secondary market that forgo underwriters and “dribble-out” shares over time rather than …

We document that, in recent years, over 60% of convertible bond issuers conduct concurrent
transactions including share repurchases, call option purchases, warrant sales, seasoned …

This study examines whether durations between equity and debt offerings allow investors to
identify firms that are more likely to time issues of overvalued securities. We show that firms …

Previous research describing corporate bond liquidity tends to focus on the effects on
liquidity of factors such as bond age, bond credit risk, size of issuance, and regulation of …

Dividend payments to shareholders can create conflicts between debt and equity investors
as these payments can expropriate wealth from bondholders to shareholders. However …

Purpose-This study investigates announcement effect anomaly on Seasoned Equity
Offerings (seos) conducted in Borsa Istanbul for the 2010–2015 period and analyze its …

We document that a substantial fraction of seasoned equity issuers have large pre-offering
excess cash holdings. Cash-rich seasoned equity issuers are not easily reconcilable with …

This study focuses on investigating the impact which some selected factors have on the
magnitude of the price reaction for right issue and debenture issue announcements of …