The New Issues Puzzle
ABSTRACT Companies issuing stock during 1970 to 1990, whether an initial public offering or a seasoned equity offering, have been poor long‐run investments for investors. During...
Publications
5 shownThe New Issues Puzzle
Companies issuing stock during 1970 1990, whether an initial public offering (IPO) or a seasoned equity offering (SEO), have been poor long run investments for investors. During...
Do Long‐Term Shareholders Benefit From Corporate Acquisitions?
ABSTRACT Using 947 acquisitions during 1970–1989, this article finds a relationship between the postacquisition returns and the mode of acquisition and form of payment. During a...
Book-To-Market across Firm Size, Exchange, and Seasonality: Is There an Effect?
Fama and French (1992) report that size and the book-to-market ratio capture the cross-sectional variation of average stock returns for the universe of NYSE, Amex, and Nasdaq se...
Frequent Co-Authors
Researcher Info
- h-index
- 5
- Publications
- 5
- Citations
- 6,757
- Institution
- University of Iowa
External Links
Impact Metrics
h-index
5
h-index: Number of publications with at least h citations each.