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Showing 1 to 1 of 1 for “"offer price discounting"”.
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Two Essays on Shelf-registered Corporate Equity Offerings
… evidence that the recent revival of shelf equity offers is related to changes in how firms use shelf registration. During 1990-2003 firms that make shelf filings have no immediate intent and low probability of issuance, lower pre-filing returns relative to non-shelf issuers, and often have been …