Handbook of Corporate Finance Empirical Corporate Finance Volume 1

354 B.E. Eckbo et al. 5.4.2. Time-varying factor loadings Nonstationary factor loadings may produce (i) significant performance ...

Ch. 6: Security Offerings 355 Value-weighted issuer portfolios. The results reported above are based on equal- weighted issuer p ...

356 B.E. Eckbo et al. the range of available flotation method choices, (3) underwriter competition, (4) in- formation asymmetrie ...

Ch. 6: Security Offerings 357 ods. On the one hand, the large increase in the aggregate amount of securities offerings over the ...

358 B.E. Eckbo et al. characteristics can be altered to better align the interests of different classes of securi- ties and to p ...

Ch. 6: Security Offerings 359 the determinants of flotation costs and how is it impacted by bond seniority, collateral, affiliat ...

360 B.E. Eckbo et al. of the proceeds of the typical SEO. If one views this dilution effect as an issue cost (which is arguably ...

Ch. 6: Security Offerings 361 This discussion points to the futility of using non-issuing firms matched on size and book-to-mark ...

362 B.E. Eckbo et al. Altinkilic, O., Hansen, R.S., 2000. Are there economies of scale in underwriting fees? Evidence of rising ...

Ch. 6: Security Offerings 363 Betton, S., Eckbo, B.E., Thorburn, K.S., 2007. Corporate takeovers. In: Eckbo, B.E. (Ed.), Handboo ...

364 B.E. Eckbo et al. Butler, A.W., Grullon, G., Weston, J.P., 2005b. Stock market liquidity and the cost of issuing equity. Jou ...

Ch. 6: Security Offerings 365 Cornett, M.M., Mehran, H., Tehranian, H., 1998. Are financial markets overly optimistic about the ...

366 B.E. Eckbo et al. Dybvig, P.H., Zender, J.F., 1991. Capital structure and dividend irrelevance with asymmetric information. ...

Ch. 6: Security Offerings 367 Ferson, W.E., Harvey, C.R., 1991. The variation of economic risk premiums. Journal of Political Ec ...

368 B.E. Eckbo et al. Harris, M., Raviv, A., 1991. The theory of capital structure. Journal of Finance 46, 297–355. Heckman, J.J ...

Ch. 6: Security Offerings 369 Kang, H., 1990. Effects of seasoned equity offerings in Korea on shareholder’s wealth. In: Rhee, S ...

370 B.E. Eckbo et al. LaPorta, R., Lopez-de-Silanes, F., Shleifer, A., 1999. Corporate ownership around the world. Journal of Fi ...

Ch. 6: Security Offerings 371 Lyon, J.D., Barber, B.M., Tsai, C.-L., 1999. Improved methods for tests of long-run abnormal stock ...

372 B.E. Eckbo et al. Pilotte, E., 1992. Growth opportunities and the stock price response to new financing. Journal of Business ...

Ch. 6: Security Offerings 373 Spiess, D.K., Affleck-Graves, J., 1999. The long-run performance of stock returns following debt o ...