Paskelian, Ohannes George; Bell, Stephen - In: Applied Financial Economics 20 (2010) 8, pp. 649-657
This article examines the short-term market and the long-term operating performance of Chinese seasoned equity issues (Seasoned Equity Offerings (SEOs)). Employing data for 596 rights offerings and 181 private placements for the period 1998 to 2004, we find significant positive short-term market...