Purpose – To demonstrate that multidimensional information technologies (ITs) technologies could manifest different patterns of evolution because each dimension could be exposed to different forces of variation and selection. Design/methodology/approach – Commercial banks that adopted online...

There exists a widely held belief that informed investors manipulate stock prices prior to seasoned equity offerings (SEO). Contrary to this assertion, a model is developed, which demonstrates there is significant evidence that informed investors not to manipulate trading prior to a SEO....