We examine the issuance choice across rights issues of equity, unit offerings and standalone warrants and investigate the market reactions to these issue types. We find that agency costs, growth opportunities and current funding needs relative to assets in place are prime drivers of the type of...

This paper examines the simultaneous trading behaviour for the takeover occasion for eighteen investor classes which constitute the complete trading environment. For the analysis, a buy-sell imbalance (BSI) indicator was employed. Only four domestic investor categories are found however to have...