Raising funds in the secondary markets [electronic resource] : a brief review of the academic research related to Seasoned Equity Offers (SEOs) / Ajai Singh.
Material type:
FilmSeries: Henry Stewart talksBusiness & management collection. Corporate financing: Publisher: London : Henry Stewart Talks, 2014Description: 1 online resource (1 streaming video file (25 min.) : color, sound)Subject(s): Corporations -- Finance | Secondary marketsOnline resources: Click here to access online | Series Animated audio-visual presentation with synchronized narration.
Title from title frames.
Contents: Additional equity capital in secondary markets -- Seasoned equity offers (SEO) -- Market timing/windows of opportunity -- Investment-based financing needs -- Two primary methods of issuing equity publicly -- Accelerated shelf offers vs. fully-marketed offers -- The fully-marketed SEO process -- Offer size, offer price & offer price discount -- Primary objective of the investment banker -- Amended proceeds hypothesis -- Two types of firm -- The offer date, expected offer size and final offer size -- Separate and additional indication to the market -- Improved SEOs vs. Regular SEOs -- Mimicry (Fooling clients with amended proceeds) -- Dollar proceeds from filing to offer -- Stock price response -- Cross-sectional analysis of offer-date returns -- Calendar-time regressions: Improved & regular SEOs -- WLS regression approach -- Fama-MacBeth regression -- Long-run stock return performance & metrics -- Changes in operating performance & investments -- Institutional investor demand for SEOs.
Access restricted to subscribers.
Mode of access: World Wide Web.