The Economic Consequences of Corporate Capital Acquisition Decisions and Government Legislation

• Main Author: Gustafson, Matthew
• Format: Dissertation
• Language: English
• Published: ProQuest Dissertations & Theses 01.01.2013
• Subjects: Capital markets; Commercial banks; Cost control; Credit ratings; Due diligence; Employees; Equity; Finance; Hypotheses; Hypothesis testing; Initial public offerings; Investments; Legislation; Market timing; Marketing; Prices; Rates of return; Regulated industries; Retirement plans; Securities offerings; Shelf registration; Statistics; Stock offerings; Stock prices; Underwriting

In chapter 1, I explore the consequences of accelerating the sale of seasoned equity offerings (SEOs). Since 2001 the median number of days between the announcement and issuance of SEOs has dropped from approximately a calendar month to a single day. In contrast to descriptive evidence and the exist...