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Corporate diversification and seasoned equity offering performance
Authors:Cao  Cathy Xuying  Chen  Chongyang  Emm  Ekaterina E  Han  Bo
Institution:1.Albers School of Business and Economics, Seattle University, Seattle, WA, USA
;2.Pacific Lutheran University, Tacoma, WA, USA
;
Abstract:Review of Quantitative Finance and Accounting - We document that diversified firms experience less negative seasoned equity offering (SEO) announcement returns than focused firms. The relatively...
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