haku: @author Thomas, S. / yhteensä: 19
viite: 7 / 19
| Tekijä: | Hadlock, C.J. Ryngaert, M. Thomas, S. |
| Otsikko: | Corporate structure and equity offerings: are there benefits to diversification? |
| Lehti: | Journal of Business
2001 : OCT, VOL. 74:4, p. 613-635 |
| Asiasana: | ASYMMETRIC INFORMATION CORPORATE STRUCTURE DIVERSIFICATION STOCK MARKETS |
| Kieli: | eng |
| Tiivistelmä: | The authors examine the effect of corporate diversification on the equity-issue processes in a sample of 641 equity issues from 1983 to 1994. They find that issues by diversified firms are viewed less negatively by the market than are issues by focused firms. The finding supports the hypothesis that diversification helps alleviate asymmetric information problems. |
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