Liang, Hsiao-Chen; Jang, Woan-Yuh - In: The Quarterly Review of Economics and Finance 53 (2013) 4, pp. 460-475
This paper systematically examines the factors that determine price discounts and announcement effects of equity private placements conducted by firms in Taiwan from 2002 to 2008. Different with most studies of private placements using available observations as a whole sample, our study...