Using a modified Khan and Watts (2009) method, we find that accounting conservatism in years during which seasoned equity offerings (SEOs) occur is significantly lower than that in the same issuers' pre-SEO periods or that for non-SEO issuers. The finding is robust to alternative conservatism...

This paper examines environmental, social, and governance (ESG) performance around seasoned equity offerings (SEOs). A firm may improve ESG performance prior to SEOs to the extent that it believes that investors will be more favorable to firms with better ESG performance (window-dressing...

The Financial Accounts of the United States reports quarterly net equity issuance of nonfinancial corporations. To highlight the importance and potential use of our new data, we conclude this note by mentioning a few studies that have examined the determinants and consequences of equity financing