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Author: | Jeanneret, P. |
Title: | Use of the proceeds and long-term performance of French SEO firms |
Journal: | European Financial Management
2005 : JAN, VOL. 11:1, p. 99-122 |
Index terms: | Company performance Corporate finance Share issues France |
Language: | eng |
Abstract: | This article analyses the long-term stock performance of French seasoned equity offerings (SEO). The focus is on the intended use of the proceeds. Issuers are divided in two categories. First, the companies that raise equity for pure capital structure motives, and second, the companies that use the SEO proceeds to finance specific investment projects. |
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