El Ghoul, Sadok; Guedhami, Omrane; Kim, Hyunseok; Suh, … - 2023
) through the lens of equity issuance. We posit that strong governance—e.g., rule of law, control of corruption and shareholder … more frequent and growth-inducing under strong governance than under weak governance. We also hypothesize that cash added … to or held by equity issuers creates greater value for shareholders under strong governance than under weak governance …