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Keywords: Right issues
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Journal Articles
Price discounts in rights issues: why do managers insist on what investors hate?
Available to Purchase
Journal:
European Business Review
European Business Review (2017) 29 (4): 457–475.
Published: 12 June 2017
...Cesario Mateus; Jorge Farinha; Nuno Soares Purpose This paper aims to analyse the causes and impact of the significant mean price discounts (25 per cent for financial and 29 per cent for non-financial firms) in rights issues in the UK using a sample of 268 observations for the period of 1994...
