Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10001188682
Persistent link: https://www.econbiz.de/10001106334
Persistent link: https://www.econbiz.de/10001228565
Persistent link: https://www.econbiz.de/10001201321
Persistent link: https://www.econbiz.de/10001585144
Persistent link: https://www.econbiz.de/10003741303
We show that seasoned equity offerings (SEOs), in which secondary share-offering size greatly exceeds market share turnover, provide a unique opportunity for stock price manipulation by speculators holding restricted shares. The proposed new theory is consistent with several puzzling empirical...
Persistent link: https://www.econbiz.de/10012858889