Seasoned equity issues in the Greek stock market
Journal of Economics and Business - SPOUDAI
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Title |
Seasoned equity issues in the Greek stock market
Seasoned equity issues in the Greek stock market |
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Creator |
Τσαγκαράκης, Νικόλαος Β.
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Subject |
Χρηματιστήριο αξιών; Χρηματοδότηση της επιχείρησης
Stock excange; Corporate finance |
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Description |
This paper is an empirical study of the common stock price reaction on the ex-rights day of seasoned equity issues. Using an event study methodology we investigate 34 seasoned equity offerings by listed firms in the Athens Stock Exchange (Greece) during the period 1981-1990 and observe that on the ex-rights day there are no abnormal returns concluding that the Greek Stock Market is efficient in the semi-strong form. |
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Publisher |
University of Piraeus
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Date |
1993-04-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1008
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Source |
SPOUDAI - Journal of Economics and Business; Vol 43, No 2 (1993); 128-138
2241-424X 1105-8919 |
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Language |
eng
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Relation |
http://spoudai.unipi.gr/index.php/spoudai/article/view/1008/1087
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Rights |
Copyright (c) 1993 SPOUDAI - Journal of Economics and Business
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