Showing 1 - 2 of 2
We develop and test a nested logit model to examine how firms choose between a rights offering and a private equity placement. We find that family-controlled firms avoid issue methods that dilute control benefits or subject them to more monitoring, in particular when the family's control margin...
Persistent link: https://www.econbiz.de/10001600080
Persistent link: https://www.econbiz.de/10000981016