Strategic financial management Part III: Debt maturity and priority and corporate liquidity

• Main Authors: FU, Fangjian, SMITH, Clifford W.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Corporate Finance; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7440; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8439/viewcontent/JACF2023__1_.pdf
• Institution: Singapore Management University

This is the third in our series ofJACFarticles that explores thecorporate motives for and consequences of seasoned equity offer-ings (SEOs) by U.S. public companies over the past 50 years. Likeits two predecessors, this article begins by examining each of thethree standard theories (or “models”) of...