Liquidity management around seasoned equity offerings

We investigate firms' liquidity practices around seasoned equity offerings (SEOs). We broadly classify issuers on the basis of whether the firm belongs to an industry deemed to be financially constrained or unconstrained. We find that constrained-industry issuers tend to save more cash to co...

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Bibliographic Details
Main Authors: Slu, David T.L., Faff, Robert W.
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2014
Online Access:http://journalarticle.ukm.my/7801/
http://journalarticle.ukm.my/7801/
http://journalarticle.ukm.my/7801/1/00000001.PDF