This paper conjectures that, just as SEO (seasoned equity offering) firms are likely to face fewer information …. This is mainly due to new information at a SECO - such as pre-money valuation gains – that reduces adverse selection …

information about future events, they are contrarian and heavily depend on past returns. Corporate transactions in hard …' perception of mispricing, rather than private information, being a key motivator of their transactions …

players. Hence, the attractiveness of the signaling strategy seems to be related to the a priori level of information … asymmetry. We examine the use of signaling in an emerging market where the information asymmetry is likely to be higher relative … extended to primary listings by domestic firms in markets where the information asymmetry is sufficiently large for the benefit …