364 B.E. Eckbo et al.
Butler, A.W., Grullon, G., Weston, J.P., 2005b. Stock market liquidity and the cost of issuing equity. Journal
of Financial and Quantitative Analysis 40, 331–348.
Butler, A.W., Wan, H., 2005. Stock market liquidity and the long-run stock performance of debt issuers.
Working Paper, University of Texas at Dallas and University of South Florida.
Byoun, S., 2004. Stock performance following seasoned stock-warrant unit offerings. Journal of Business 77,
75–100.
Byoun, S., Moore, W.T., 2003. Shares vs warrant-share units: Evidence from seasoned equity offerings. Jour-
nal of Corporate Finance 9, 575–590.
Cai, N., Ramchand, L., Warga, A., 2004. The pricing of equity IPOs that follow public debt offerings. Finan-
cial Management 33, 5–26.
Carhart, M.M., 1997. On the persistence in mutual fund performance. Journal of Finance 52, 57–82.
Carlson, M., Fisher, A., Giammarino, R., 2005. Corporate investment and asset price dynamics: Implications
for the cross-section of returns. Journal of Finance 59, 2577–2603.
Carlson, M., Fisher, A., Giammarino, R., 2006. Corporate investment and asset price dynamics: Implications
for SEO event studies and long-run performance. Journal of Finance 61, 1009–1034.
Carter, R.B., Dark, F.H., Singh, A.K., 1998. Underwriter reputation, initial returns, and the long-run perfor-
mance of IPO stocks. Journal of Finance 53, 253–311.
Chaplinsky, S.J., Erwin, G.R., 2005. Great expectations: Banks as equity underwriters. Working Paper, Uni-
versity of Virginia.
Chaplinsky, S.J., Hansen, R.S., 1993. Partial anticipation, the flow of information and the economic impact
of corporate debt sales. Review of Financial Studies 6, 709–732.
Chaplinsky, S.J., Haushalter, D., 2003. Financing under extreme uncertainty: Evidence from pipes. Working
Paper, University of Virginia.
Chaplinsky, S.J., Ramchand, L., 2000. The impact of global equity offerings. Journal of Finance 55, 2767–
2790.
Chaplinsky, S.J., Ramchand, L., 2004. The impact of SEC rule 144a on corporate debt issuance. Journal of
Business 77, 1073–1097.
Chemmanur, T.J., Fulghieri, P., 1997. Why include warrants in new equity issues? A theory of unit IPOs.
Journal of Financial and Quantitative Analysis 32, 1–24.
Chen, H.-C., Ritter, J.R., 2000. The seven percent solution. Journal of Finance 55, 1105–1131.
Choe, H., Masulis, R.W., Nanda, V., 1993. Common stock offerings across the business cycle: Theory and
evidence. Journal of Empirical Finance 1, 3–31.
Clarke, J., Dunbar, C., Kahle, K.M., 2001. Long-run performance and insider trading in completed and can-
celled seasoned equity offerings. Journal of Financial and Quantitative Analysis 36, 415–430.
Cochrane, J.H., 1991. Production-based asset pricing and the link between stock returns and economic fluc-
tuations. Journal of Finance 46, 209–237.
Cochrane, J.H., 2005. Financial markets and the real economy. Working Paper, University of Chicago.
Connor, G., Korajczyk, R.A., 1988. Risk and return in an equilibrium apt: Application of a new methodology.
Journal of Financial Economics 21, 255–289.
Connor, G., Korajczyk, R.A., 1995. The arbitrage pricing theory and multifactor models of asset returns. In:
Jarrow, R.A., Maksimovic, V., Ziemba, W.T. (Eds.), Handbooks in Operation Research and Management
Science Series. North-Holland, Amsterdam, Chapter 4, pp. 87–144.
Cooney, J.W., Kalay, A., 1993. Positive information from equity issue announcement. Journal of Financial
Economics 33, 149–172.
Cooney, J.W., Kato, K., Schallheim, J.S., 2003. Underwriter certification and Japanese seasoned equity issues.
Review of Financial Studies 16, 949–982.
Cornelli, F., Goldreich, D., 2001. Bookbuilding and strategic allocation. Journal of Finance 56, 2337–2369.
Cornelli, F., Goldreich, D., 2003. Bookbuilding: How informative is the order book? Journal of Finance 58,
1415–1443.
Cornett, M.M., Davidson III, W.N., Rangan, N., 1996. Deregulation in investment banking: Industry concen-
tration following rule 415. Journal of Banking and Finance 20, 85–113.