Mandatory shareholder approval of equity issuances varies across and within countries.
When shareholders approve issuances, average announcement returns are positive. When …

This paper examines the motivation for private equity placements (PEPs) of listed firms in
China. We find that private placement firms are overvalued more than their non-issuing …

This study examines securities price reaction to announcements of rights issues by listed
Indian firms during the period 1997–2005. We document a positive but statistically …

We use meta‐analysis to review studies on announcement effects associated with seasoned
equity offerings. Our sample includes 199 studies from 38 leading finance journals and …

This paper considers data from China's A-share listed companies in Shanghai and
Shenzhen from 2006 to 2021 to investigate how private placements affect asset mispricing …

In this study, we examine the effectiveness of corporate governance in mitigating dilution in
the economic and voting interests of existing nonparticipating (retail) shareholders in private …

This paper empirically confirms that there exist significant peer effects of PIPEs in Chinese
listed companies with data during 2006 to 2019. We investigate their influencing mechanism …

Equity issuance activity rose sharply across the corporate sector during the COVID‐19 crisis.
We use this period of unprecedented uncertainty to study the effects of financial distress on …

This study tests the proposal that by undertaking voluntary capital expenditures that are
subject to lengthy environmental regulatory delays, listed companies can gain a competitive …

This paper systematically examines the factors that determine price discounts and
announcement effects of equity private placements conducted by firms in Taiwan from 2002 …