Earnings and risk information conveyed by rights issues in Singapore.
This study examines two primary issues. Firstly, whether firms listed on the Stock Exchange of Singapore that issue rights exhibit excessive returns in the period surrounding the announcement of rights issue. The results reaffirm that there are excessive returns on these stocks, which imply that the...
Main Authors: | , |
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Other Authors: | |
Format: | Thesis |
Language: | English |
Published: |
2009
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/20268 |