Rojahn, Joachim; Zechser, Florian - In: Journal of Business Finance & Accounting 49 (2021) 1-2, pp. 274-296
This study analyzes the effect of ownership concentration and ownership identity on the probability of seasoned equity offerings (SEOs) in the German stock market. In Germany, equity issues require shareholder approval by a supermajority vote of 75% at shareholder meetings. This study...