Strategic financial management: Lessons from seasoned equity offerings

Each of today's three dominant academic theories of capital structure has trouble explaining the financing behavior of companies that have seasoned equity offerings (SEOs). In conflict with the tradeoff theory, the authors’ recent studies of some 7,000 SEOs by U.S. industrial companies over the...

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Bibliographic Details
Main Authors: FU, Fangjian, SMITH, Clifford W.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/7130
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Institution: Singapore Management University
Language: English