Share rights issue is one of the viable means by which public limited companies can raise additional cash at relatively low cost to steer growth or sustainably manage their debts. Minority shareholders can effectively increase equity stake in the situations where they can lobby majority...

We use the introduction of the Unicorn nomenclature to reference venture-backed firms with valuations in excess of $1 billion to examine how firm categorization influences investor demand and retail trade activity during IPO price formation. We predict and find evidence to suggest that the...

Recent trends in capital concentration show that emerging, developing and transition economies are supporting the transition process to financial market-based structure from bank-based ones. Development of financial markets requires the movement of main capital from bank accounts to markets for...

The robust economic growth achieved by the Indian Economy in the post reform period attracted lot of interest from foreign institutions which stimulated strong performance of the Indian Capital market. This has led to large influx of primary issues, as promoters wanted to take advantage of...

SEBI has made IPO's in India to be mandatorily graded from May 2007 under Sections 11 and 11A of the SEBI Act, 1992 as an initiative to provide the investors with a parameter on the fundamentals of the company which is easily understandable to them. This initiative of Indian capital market...

This research considers the strategies on the initial public offering of company equity at the stock exchanges in the imperfect highly volatile global capital markets with the nonlinearities. We provide the IPO definition and compare the initial listing requirements on the various markets. We...

We study market reactions to seasoned equity issuances that were announced by financial companies between 2002 and 2013. To assess the risk and valuation implications of these seasoned equity issuances, we conduct an event analysis using daily credit default swap (CDS) and stock market pricing...

We examine how the cost of issuing equity affects bank lending. Using the SEC deregulation that allowed exchange listed firms with public float less than $75 million to raise equity via shelf registrations as a quasi-natural experiment, we show that the affected banks increase mortgage lending...