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Risk And Earnings Changes Subsequent To Equity Offerings

 
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MessagePosté le: Dim 9 Juil - 13:09 (2017)    Sujet du message: Risk And Earnings Changes Subsequent To Equity Offerings Répondre en citant


Risk and Earnings Changes Subsequent to Equity Offerings (Classic Reprint)
by Paul M. Healy



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Excerpt from Risk and Earnings Changes Subsequent to Equity Offerings

The 'hypothesis that capital structure changes convey' managers' superior information regarding a firm's future prospects has been posited by a number of researchers. Ross Miller and Rock Myers and Majluf and Gertner, Gibbons and Scharfstein (1987) present capital structure models that are consistent with this hypothesis. In this paper.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.







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