Sukor, Mohd Edil Abd; Bacha, Obiyathulla Ismath - In: Applied Financial Economics 20 (2010) 22, pp. 1751-1760
This article undertakes an empirical examination of pure rights issues in Malaysia. Though pricing efficiency is the main focus, we also examine related issues. We study a total of 38 pure rights issues that occurred over the 8-year period January 1998 to December 2005. Using two alternative...