The Choice between Rights-Preserving Issue Methods: Regulatory and Financial Aspects of Issuing Seasoned Equity in the UK

Research, Preprint English OPEN
Korteweg, A.G. ; Renneboog, L.D.R. (2002)
  • Publisher: Finance
  • Subject: capital structure; equity capital | capital structure;equity capital
    • jel: jel:G34 | jel:G33 | jel:G3

This paper examines the choice between two rights-preserving issue methods of seasoned equity offers in the UK as well as the factors determining the offer price and stock market announcement reactions.Firstly, equity issues in the UK are underwritten for different reas... View more
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