n Investment Analysts Journal - The influence of economic factors on rights issue announcements
|Article Title||The influence of economic factors on rights issue announcements|
|© Publisher:||Taylor & Francis|
|Journal||Investment Analysts Journal|
|Author||G.A. Pascoe, M.J.D. Ward and C.J. MacKenzie|
|Publication Date||Jan 2005|
|Pages||17 - 28|
ISI Social Science
Extracted from text ... The influence of economic factors on rights issue announcements Investment Analysts Journal - No. 61 2005 17 The influence of economic factors on rights issue announcements 1. INTRODUCTION* International and local researchers have all found that there is a significant negative share price response to the announcement of a rights issue (White and Lusztig, 1980; Asquith and Mullins, 1986; Mikkelson and Partch, 1986; Smith, 1986; Dierkens, 1991; Pilotte, 1992; Youds, Firer and Ward, 1993; Bayless, 1994; Sant and Ferris 1994; Bohren, Eckbo and Michalsen, 1997; Bhana, 1998 and Horne, 1999). This study investigates a number of economic factors to ..
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