SEO Timing, the Cost of Equity Capital, and Liquidity Risk
نویسندگان
چکیده
منابع مشابه
SEO timing and liquidity risk ¬リニ
Article history: Received 24 April 2012 Received in revised form 8 September 2012 Accepted 17 September 2012 Available online 25 September 2012 We extend the market timing literature to show that SEO timing can be characterized by the dynamics of liquidity risk. That is, firms tend to issue SEOs when liquidity risk declines to the point where investors have least concern of the risk. In the abs...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2010
ISSN: 1556-5068
DOI: 10.2139/ssrn.1540322