Corporate diversification and seasoned equity offering performance
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DOI: 10.1007/s11156-021-01003-1
Abstract: We document that diversified firms experience less negative seasoned equity offering (SEO) announcement returns than focused firms. The relatively better SEO announcement stock performance of diversified firms is more pronounced among issuers with operations across… read more here.
Keywords: performance; announcement; equity offering; seasoned equity ... See more keywords