This thesis explores two issues regarding corporate equity issuance. The first chapter studies the timing of seasoned equity offerings (SEOs) at the firm level. Descriptive statistics formulated using US data from 1975 to 2004 show that when firms return to the equity market, they tend to do so...

Stock returns are a significant predictor of future capital investment growth and even predict investment growth better than Tobins q. Since the capital investment decision process is fundamental to corporate finance, understanding the potential factors that drive the ability of returns to...

This dissertation consists of three essays on CEO replacement in turnaround situations. The first essay aims to understand the antecedents of CEO dismissal in turnaround situations. I develop a model of CEO dismissal as a social framing contest, in which key plays try to convince and mobilize...