Announcement effects of new equity issues and the use of intraday price data

Journal of Financial Economics

Volumn 21, Issue 1, 1988, Pages 71-99

  Barclay, Michael J ^a   Litzenberger, Robert H ^b  

^a UNIVERSITY OF ROCHESTER   (United States)

^b UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 38249032325     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/0304-405X(88)90032-3     Document Type: Article

References (28)

1. Equity issues and stock price dilution
2. Convertible debt issuance, capital structure change and financing-related information: Some new evidence
3. Trading rules, large blocks and the speed of price adjustment
4. Optimal capital structure under corporate and personal taxation
5. Information asymmetries and valuation effects of corporate debt offerings
6. The option pricing model and the risk factor of stock
7. A transaction data study of weekly and intradaily patterns in stock returns
8. Agency costs of free cash flow, corporate finance, and takeovers
9. Changes in capital structure new equity issues and scale effects
10. A state preference model of optimal firm leverage
11. Seasoned equity offerings: An empirical investigation
12. On the pricing of corporate debt: The risk structure of interest rates
13. Valuation effects of security offerings and the issuance process
14. Dividend policy under asymmetric information
15. The cost of capital, corporation finance and the theory of investment
16. Corporate financing and investment decisions when firms have information that investors do not have
17. The intraday speed of adjustment of stock prices to earnings and dividend announcements
18. A simple implicit measure of the effective bid-ask spread in an efficient market
19. A comparison of equity carve-outs and equity offerings: Share price effects and corporate restructuring
20. Markets for securities Substitution versus price pressure and the effects of information on share prices
21. Alternative methods for raising capital: Rights versus underwritten offerings
22. Investment banking and the capital acquisition process
23. On financial contracting: An analysis of bond covenants
24. An investigation of transaction data for NYSE stocks