's systematic equity risk and falls with the firm's unsystematic equity risk. Further, an increase in the firm's total equity risk …

by the firms at their financing stage for whether inflows of foreign debt may crowd out foreign equity or the other way …

This paper explores the necessary conditions for outside equity financing when insiders, that is managers or …

Costs of equity for individual firms are estimated in a Bayesian framework using several factor-based pricing models …. Substantial prior uncertainty about mispricing often produces an estimated cost of equity close to that obtained with mispricing …'s cost of equity, although uncertainty about betas is nearly as important …

The ability of capital markets to distinguish firms of different value by the size of their initial equity offerings is … attenuated when insiders can sell equity more than once. A model is developed in which there is price risk from holding equity …

This paper presents an information-theoretic, infinite horizon model of the equity issue decision. The model …'s predictions about stock price behavior and issue timing explain most of the stylized facts in the empirical literature: (a) equity … firms, (b) equity issues on average are preceded by an abnormal rise in the market, and (c) the stock price drops …