Espenlaub, Susanne; Iqbal, Abdullah; Strong, Norman - In: The European Journal of Finance 15 (2009) 1, pp. 61-69
We report a fundamental error in Datastream equity data for share prices and return indices relating to a failure to make any capital adjustments for UK open offers before February 2002. We re-examine the findings of Iqbal, Espenlaub, and Strong (2008), correcting for this error. We find that...