Stock price response to announcements of withdrawal of security offerings
The objective of this paper is to examine the determinants of stock excess returns at cancellation announcements. The impact of new variables will be tested. They are profitability of growth opportunity, free cash flow availability, financial slack level as well as management shareholding level prio...
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| Format: | Theses and Dissertations |
| Language: | English |
| Published: |
2008
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| Online Access: | http://hdl.handle.net/10356/7816 |
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| Institution: | Nanyang Technological University |
| Language: | English |