Three Essays on Firms' Decisions to Issue Securities

In the third chapter, the choice of marketplaces in which firms issue securities is studied. Since capital markets are not seamlessly integrated, firms may be able to issue securities into foreign markets to take advantage of a market with a segmented information set or to act opportunistically with respect to investor sentiment. This essay presents evidence that opportunistic behavior plays an important role in firms' choice of the marketplace into which they issue capital securities.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Finance

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Henderson, Brian Joseph

Contributors dc:contributor

• Neil Pearson

• Business Administration, Banking

Language dc:language

eng

Identifier

(MiAaPQ)AAI3242870

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/87437