Kumar, K. R. Naveen; Hawaldar, Iqbal Thonse; … - In: Cogent economics & finance 6 (2018) 1, pp. 1-18
Taking a sample of seasoned equity offerings (SEOs) by firms listed on Bombay Stock Exchange (BSE) from the year 1992 to 2012, we examine two of the key issues concerning SEOs. First, whether SEOs are underpriced, issued at a price lower than the prevailing market price; and second, whether...