Poon, Winnie P.H.; Chan, Kam C.; Firth, Michael A. - In: Pacific-Basin Finance Journal 22 (2013) C, pp. 88-106
We examine the impact of unsolicited credit ratings on seasoned equity offering (SEO) underpricing in China using issuer credit rating data of listed companies on the Shanghai and Shenzhen Stock Exchanges for the period 2002 to 2009. Our findings suggest that, after controlling for other...
