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Keywords: Private placement
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2022) 48 (2): 181–200.
Published: 03 November 2021
... by domestic firms who need to quickly issue securities that are eligible to be subsequently registered. Existing studies reveal that most of firms choosing to finance through private placement experience a high degree of information asymmetry and are with low credit quality that below investment grade (Cai...
