Understanding Stock Price Behavior around the Time of Equity Issues

Robert A. Korajczyk, Deborah Lucas & Robert L. McDonald
Published Date
Copyright 1990
ISBN 0226355853
Book: Asymmetric Information, Corporate Finance, and Investment
Book editor: R. Glenn Hubbard
PUBLISHER: University of Chicago Press
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  • Robert A. Korajczyk, Deborah Lucas, and Robert L. McDonald, Asymmetric Information, Corporate Finance, and Investment (University of Chicago Press, 1990), chap. 10, https://www.nber.org/books-and-chapters/asymmetric-information-corporate-finance-and-investment/understanding-stock-price-behavior-around-time-equity-issues.

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Topics

Macroeconomics
Financial Economics

Published From Paper

Understanding Stock Price Behavior around the Time of Equity Issues
- Working Paper
It is well-documented that stock prices rise significantly prior to an equity issue, and fall upon announcement of the...

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