Corporate diversification and seasoned equity offering performance |
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Authors: | Cao Cathy Xuying Chen Chongyang Emm Ekaterina E Han Bo |
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Institution: | 1.Albers School of Business and Economics, Seattle University, Seattle, WA, USA ;2.Pacific Lutheran University, Tacoma, WA, USA ; |
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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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