Krakstad, Svein Olav; Molnár, Peter - In: Applied Financial Economics 24 (2014) 21, pp. 1401-1420
This paper investigates Seasoned Equity Offering (SEO) cost differences between Europe and the US in the period 1990 to 2011. We find that the direct costs for the US companies are around 40% higher than those for the European companies. Results of this paper are consistent with strategic...
