Huang, Rongbing; Tompkins, James G. - In: Managerial Finance 36 (2010) July, pp. 603-628
PPurpose – The purpose of this paper is to study the role of corporate governance in abnormal returns around announcements of seasoned equity offerings (SEOs) by publicly traded US firms from 2001 to 2004. Design/methodology/approach – Cross-sectional regression analysis was used to...