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Motivations for Public Equity Offers: An International Perspective

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NBER2005-11-01 更新2025-01-04 收录
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This paper examines the extent to which investment financing and market-timing explanations motivate public equity offers. We consider a sample of 16,958 initial public offerings and 12,373 seasoned equity offerings from 38 countries between 1990 and 2003. We provide estimates of the change in each

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2005-11-01
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