Abstract:Earlier evidence has shown that there are substantial time-varying fluctuations in the issuance activity of IPOs and SEOs. Utilizing a comprehensive dataset of 3054 IPOs and 2853 rights issues launched on the London Stock Exchange (LSE) during the time periods (1987-2007) and (1975-2007) respectively, this study aims to conduct a comprehensive analysis of the main alternative determinants of timing of IPOs and rights issues in a unified framework. Three main theories are tested: (i) favorable business and eco… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.