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