Luo, Wei; Rao, Pingui; Yue, Heng - In: Journal of Business Finance & Accounting 37 (2010-07) 7-8, pp. 905-928
In this paper we examine whether information risk affects underwriter switching in a seasoned equity offering (SEO) process. Building on previous research, we hypothesize that SEO firms and underwriters associate with one another by mutual choice, and firms with a low degree of information risk...