✦ LIBER ✦

Management Guidance and the Underpricing of Seasoned Equity Offerings

✍ Scribed by Oliver Zhen LI; Zili Zhuang

Book ID: 114944377
Publisher: Canadian Academic Accounting Association
Year: 2011
Tongue: English
Weight: 176 KB
Volume: 29
Category: Article
ISSN: 0823-9150
DOI: 10.1111/j.1911-3846.2011.01120.x

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Earnings smoothing and the underpricing

Earnings smoothing and the underpricing of seasoned equity offerings

✍ Duc Ngo, Anh; Varela, Oscar 📂 Article 📅 2012 🏛 Emerald Group Publishing Limited 🌐 English ⚖ 152 KB

The Puzzling Increase in the Underpricin

The Puzzling Increase in the Underpricing of Seasoned Equity Offerings

✍ Kenneth A. Kim; Hyun-Han Shin 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 121 KB

Discounting and underpricing in seasoned

Discounting and underpricing in seasoned equity offers

✍ Oya Altınkılıç; Robert S Hansen 📂 Article 📅 2003 🏛 Elsevier Science 🌐 English ⚖ 363 KB

The Determinants of Underpricing for Sea

The Determinants of Underpricing for Seasoned Equity Offers

✍ Shane A. Corwin 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 249 KB

Earnings management and the underperform

Earnings management and the underperformance of seasoned equity offerings

✍ Siew Hong Teoh; Ivo Welch; T.J. Wong 📂 Article 📅 1998 🏛 Elsevier Science 🌐 English ⚖ 290 KB

Earnings management and the underperform

Earnings management and the underperformance of seasoned equity offerings

✍ Siew Hong Teoh; Ivo Welch; T.J. Wong 📂 Article 📅 1998 🏛 Elsevier Science 🌐 English ⚖ 290 KB

Seasoned equity issuers can raise reported earnings by altering discretionary accounting accruals. We find that issuers who adjust discretionary current accruals to report higher net income prior to the offering have lower post-issue long-run abnormal stock returns and net income. Interestingly, the