Fonseka, M.M.; Samarakoon, Lalith P.; Tian, Gao-Liang - In: Journal of International Financial Markets, … 22 (2012) 5, pp. 1277-1291
We examine the relation between the capacity for financing through rights and seasoned public offers of equity and subsequent stock returns in China. The results show that the capacity for rights and public offers is reliably negatively related with future returns for firms that met regulatory...
