2021
DOI: 10.31357/icbm.v17.5153
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Reaction of Right Issues and Debenture Issues on Share Prices: Evidence from Sri Lanka

Abstract: Right issues and debenture issues are the types of methods for raising capital to finance organizations. These events are fully affected to stock prices. This paper studies the effect on the share price of listed firms on the Colombo Stock Exchange (CSE) to the right issue announcements and debenture issue announcements. The study consists of 85 right issue announcements and 106 debenture issue announcements over the 2012-2019 periods (8 years). The study analyses the share price performance of companies in th… Show more

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