Agency conflicts in closed-end funds: The case of rights offerings

Journal of Financial and Quantitative Analysis

Volumn 37, Issue 2, 2002, Pages 177-200

  Khorana, Ajay ^a   Wahal, Sunil ^a   Zenner, Marc ^a  

^a GEORGIA INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0035998706     PISSN: 00221090     EISSN: None     Source Type: Journal    
DOI: 10.2307/3595002     Document Type: Article

References (32)

1. Efficient signaling with dividends and investments
2. Equity issues and stock price dilution
3. Announcement effects of new equity issues and the use of intraday price data
4. Private benefits from block ownership and discounts on closed-end funds
5. International investment restrictions and closed-end country fund prices
6. Discounts and premiums on closed-end funds: A study in valuation
7. Open-ending closed-end funds
8. Closed-end fund shares' abnormal returns and the information content of discounts and premiums
9. Lifting the lid on closed-end investment companies: A case of abnormal returns
10. The tax-timing option and the discount on closed-end investment companies
11. Managerial performance and the cross-sectional pricing of closed-end funds
12. Fund advisor compensation in closed-end funds
13. Positive information from equity issue announcements
14. Are rights offerings too perilous for mutual fund investors?
15. Another puzzle: The growth in actively managed mutual funds
16. Large sample properties of generalized method of moments estimators
17. Price and volume effects associated with changes in the S&P 500: New evidence for the existence of price pressures
18. Timing, investment opportunities, managerial discretion, and the security issue decision
19. Seasoned equity issues: An empirical investigation
20. Valuation effects of security offerings and the issuance process
21. Corporate financing and investment decisions when firms have information that investors do not have
22. Equilibrium warrant pricing models and accounting for executive stock options
23. The wrong stuff: Closed-end rights offerings help fund managers, not investors
24. Gabelli asks for more, again
25. Rights offerings proliferate as funds entice investors to buy more stock
26. An examination of the discounts and premiums of closed-end investment companies
27. Oops! nuveen discovers two large rights offerings weren't exactly kosher
28. The market for securities: Substitution versus price pressure and the effect of information on share prices
29. Do demand curves for stock slope down?