Jones, Travis L.; Fu, Xudong; Tang, Tian - In: Managerial Finance 35 (2009), pp. 48-62
Purpose -The purpose of this paper is to examine whether or not a calendar time anomaly exists in the number and discount of seasoned equity offerings (SEOs) from 1980-2004. Design/methodology/approach - Regression analysis was used on data from SEOs offered from 1980 to 2004 to determine the...