... corporate events. The authors provide an alternative explanation for earnings management around SEOs. Hui Di can be contacted at: dih@ipfw.edu © Emerald Group Publishing Limited 2012 Cash flow Equity capital Share values Earnings management Seasoned equity offerings Earnings per share...

... of the announcement and offer some mixed results. Hull and Mazachek (2001) who examine the absolute insider ownership percentage for officers and directors and find that greater percentages cause more negative returns at the time of the equity issuance announcement. Equity capital Shareholders Share...

... service. All of these costs can be exacerbated through active trading or by holding an ETF for short periods, or both. Bid offer spreads Share prices Share values Investment funds Stock exchanges Corporations issuing stocks and investment companies trading stocks face the challenge...

... and continues until the end of our period of study (37th month). At the end of the 37th month the cumulative HGSC adjusted monthly returns stood at −21.98 per cent whereas the FF returns stood at −19.49 per cent. © Emerald Group Publishing Limited 2007 Company performance Share values...