Add to ORKGWe document the operating performance of Canadian firms that issue different types of seasoned equity financings (common shares, units, warrants) and initial public offerings in the years prior to and following their issue. The results indicate that the operating performance of public firms that issue equity decline in the years following such issues. This underperformance is more pronounced among firms with smaller market capitalizations. The price to book ratio is not a significant determinant of the change in median operating performance of issuers after issue. The operating performance of issuing firms in the consumer products industry underperforms that of the industrial, natural products, and 'others' industries
Bankruptcy rates have been increasing in Canada. Almost half of the firms in Canada that go bankrupt...
Following the episodes of WorldCom, Enron, Parmalat, Lehman Brother, Nortel (in Canada), corporate g...
Dual-class capital structures, which are characterized by holders of one class of common stock havin...
International audienceSimilar to previously documented evidence for equity offerings, this paper sho...
Through four essays, this thesis investigates different aspects of new issues of common equity in Ca...
Thèse de doctorat en sciences de gestion de l'Université de Rennes 1Our thesis examines the stock pr...
This study assesses the stock return performance of 131 firms emerging from Chapter 11 between 1980 ...
We explore the impact of the Globe and Mail corporate governance index on bond spreads in a sample o...
This study investigates the financial practices of Canadian firms involving capital budgeting, cost ...
This study investigates the performance of Canadian equity funds over a 5-year period. I use a datas...
The objective of this study is to further investigate what channel causes firms with weak (strong) c...
The authors examine how the valuation multiples assigned to the equity of Canadian-listed firms comp...
Using a sample of 434 Canadian private placements of equity (PPEs) that occurred from 1996 to 2005, ...
This paper examines the impact of mispricing and financing waves on the decisions (1) to issue equit...
This article models the behavior of 179 listed and unlisted real estate and construction firms (RECF...
Bankruptcy rates have been increasing in Canada. Almost half of the firms in Canada that go bankrupt...
Following the episodes of WorldCom, Enron, Parmalat, Lehman Brother, Nortel (in Canada), corporate g...
Dual-class capital structures, which are characterized by holders of one class of common stock havin...
International audienceSimilar to previously documented evidence for equity offerings, this paper sho...
Through four essays, this thesis investigates different aspects of new issues of common equity in Ca...
Thèse de doctorat en sciences de gestion de l'Université de Rennes 1Our thesis examines the stock pr...
This study assesses the stock return performance of 131 firms emerging from Chapter 11 between 1980 ...
We explore the impact of the Globe and Mail corporate governance index on bond spreads in a sample o...
This study investigates the financial practices of Canadian firms involving capital budgeting, cost ...
This study investigates the performance of Canadian equity funds over a 5-year period. I use a datas...
The objective of this study is to further investigate what channel causes firms with weak (strong) c...
The authors examine how the valuation multiples assigned to the equity of Canadian-listed firms comp...
Using a sample of 434 Canadian private placements of equity (PPEs) that occurred from 1996 to 2005, ...
This paper examines the impact of mispricing and financing waves on the decisions (1) to issue equit...
This article models the behavior of 179 listed and unlisted real estate and construction firms (RECF...
Bankruptcy rates have been increasing in Canada. Almost half of the firms in Canada that go bankrupt...
Following the episodes of WorldCom, Enron, Parmalat, Lehman Brother, Nortel (in Canada), corporate g...
Dual-class capital structures, which are characterized by holders of one class of common stock havin...