Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 13 of 13 for “"Equity Issuance"”.
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The effects of licensing and equity financing cycles on pharmaceutical development
… the interactions between licensing status, equity issuance cycles, and drug development success at the small pharmaceutical companies that originate these development projects. Specifically, this paper is aimed at identifying how financing alternatives available to small pharmaceutical …
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Corporate governance in the UK post-Cadbury
… role of managerial control, board structure and equity issuance in company decision making with respect to the adoption of a corporate governance code of best practice, CEO replacement and appointment decisions, and corporate restructuring. These findings shed new light on the interaction of …
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A study on the effect of dilutions and buybacks on the pricing of equity and stock based claims using a finite difference mesh
… as well as the possibility to raise cash via equity issuance. Excess cash is paid back to shareholders either via dividends or via buybacks. The number of shares changes when equity is issued and when the firm buys back shares. Using this model we track the total number of shares in issue. …
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Essays in empirical corporate finance and banking
… of Asymmetric Information on the Pricing of Equity Issuance"" examines the adverse selection in the market for seasoned equity issuance. The asymmetric information can explain price reduction at the date of equity issuance. Corporations prefer to issue equity when the market is most informed …
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The Impact of Information Uncertainty on Stock Price Performance and Managers' Equity Financing Decision
… the stock price performance and managers' equity nancing decisions. The previous literature documents the experimental evidence of significant impact of information uncertainty on investors' preference and decision making. The first empirical examines the interaction effect between …
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Two essays on capital structure
… they achieve lower debt ratios by issuing more equity and retaining more profits. Debt issuance, however, does not appear to be influenced by entrenchment. Examination of leverage changes suggests that increases in debt ratios in response to external financing needs are similar for all types of …
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Three essays in corporate finance
… impact of the collateral shock. While the equity issuance falls (rises) with the adverse productivity (collateral) shock, the cyclical behavior of equity financing is less pronounced for the more financially constrained firms. Chapter 4 is motivated by the endogeneity problem in standard …
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Timing of initial public offerings, seasoned equity offerings and takeover bids financed with equity: UK evidence
This thesis examines the "timing" of equity issues. We seek to find the factors that "drive" the time series variation in the equity issuance activity. Our main motivation is to see whether the Initial Public Offerings, Seasoned equity offerings and Takeover activity financed with equity move …
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Three essays in corporate finance
… without credit ratings, and with no new debt or equity issuance. The freed-up capital indeed goes toward share repurchase programs: firms buyback on average 84% of the predetermined amount of the shares. The third essay, ''Trading'' Political Favors:Evidence from the Impact of the STOCK Act, …
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Stochastic singular control: existence, characterization and approximation of solutions in cost minimization problems and games
… control of queueing networks, dividend and equity issuance in insurance mathematics, spacecraft control in aerospace engineering, or rational harvesting in mathematical biology. Models involving stochastic singular controls raise many unsolved mathematical issues which represent a relevant …
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Corporate Bonds and Equities: A Comparison of Returns
Equity markets are amongst the most researched areas in asset pricing literature. Data availability and the liquid and transparent nature of equity markets have aided research in this domain. The research on corporate bond markets is considerably less due to both the illiquid and over-the-counter …
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Essays on the Dynamics of Capital Structure
… driving firms to issue (repurchase) debt or equity or combination of both and simultaneously the factors affecting the size of issue (repurchase)
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Essays on corporate innovation
… firms and those with R&D investments, to issue equity and finance their innovations. Second, high stock market liquidity generates high firm valuation and reduces transaction costs, motivating large firms to buy the innovations of small firms through merger and acquisition activities. Overall, …