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Keywords: Legal regime
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Journal Articles
Earnings management and underperformance after seasoned equity offerings: a cross-country study
Available to Purchase
International Journal of Managerial Finance (2023) 19 (5): 1053–1075.
Published: 14 December 2022
... of firm performance, earnings management and legal regime for robustness tests as well as a two-stage least squares instrumental variable (IV) approach to address endogeneity concerns. Findings The results suggest that RAM has a greater negative impact on post-SEO performance than AEM. The result...
