The Announcement Effect and Choice between Rights Issues & Equity Carve-Outs : Empirical Evidence in Malaysia
There are 69 firms announced pure rights issue and 33 parent firms announced equity carve-out during the period of 2002 to 2011. From the abnormal return that generate from both samples, it shows rights issue announcement has a negative impact on the stock price and equity carve-out has a positive i...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2013
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| Online Access: | https://eprints.nottingham.ac.uk/26306/ |