Can corporate reputation complement or substitute underwriter reputation in seasoned equity offerings?
Announcements of seasoned equity offerings (SEOs) in Hong Kong, including open offers and rights issues, tend to induce negative price reactions that are more severe than in the Western sphere. We hypothesise that corporate reputation can narrow the information asymmetry between issuers and investor...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
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2021
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| Online Access: | https://eprints.nottingham.ac.uk/63233/ |