Hull, Robert; Kwak, Sungkyu; Walker, Rosemary - In: Journal of Economics and Finance 38 (2014) 3, pp. 359-382
The purpose of this paper is to explore the potential influence of hedge fund attributes on idiosyncratic volatility (IVOL) in excess stock returns for 705 firms undergoing seasoned equity offerings (SEOs). This investigation is important due to the pervasive concerns about the impact of hedge...