Zobrazeno 1 - 10
of 29
pro vyhledávání: '"Michael J. Gombola"'
Publikováno v:
Asia Pacific Management Review. 24:72-85
Chinese firms offer unique insight into capital structure dynamics because tradeoffs and constraints involved differ greatly from Western firms. Greater constraints on equity issuance combined with lesser tax benefits and bankruptcy cost should prese
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5545a211a375b288f5a4be14860db218
https://doi.org/10.1016/j.apmrv.2018.07.002
https://doi.org/10.1016/j.apmrv.2018.07.002
Publikováno v:
International Review of Economics & Finance. 43:35-58
Prior research shows that firms can manage earnings aggressively through making accounting choices affecting discretionary current accruals surrounding equity offerings as a means of smoothing earnings over time. Some evidence indicates that aggressi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::da31445b3911fd463892af07e0488aa7
https://doi.org/10.1016/j.iref.2015.10.030
https://doi.org/10.1016/j.iref.2015.10.030
Publikováno v:
Journal of Financial Research. 36:519-542
We examine leverage changes around mergers by similar-size firms. If asset characteristics drive leverage, both acquirer and target premerger leverage should predict long-term postmerger leverage. We find that only acquirer premerger leverage has a l
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8c350bc8d170c2a4f8af2571d5fdcdfc
https://doi.org/10.1111/jfir.12022
https://doi.org/10.1111/jfir.12022
Publikováno v:
The Quarterly Review of Economics and Finance. 49:1113-1128
Our results show that the post-offering performance of private equity issuers is related to growth opportunities. We find significant long-run underperformance in stock returns following private placements only for firms with high Tobin's q. High-q f
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ec292fc801a32ed909cf469befb83c63
https://doi.org/10.1016/j.qref.2008.11.003
https://doi.org/10.1016/j.qref.2008.11.003
Publikováno v:
Review of Quantitative Finance and Accounting. 34:225-245
Previous studies suggest that investor optimism, fueled by earnings management, contributes to long-run underperformance following IPOs and SEOs. We investigate whether, like public issues of equity, managers of firms issuing equity privately manage
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::b0f9bb09dcfc7118c9ae4441e9868773
https://doi.org/10.1007/s11156-009-0129-8
https://doi.org/10.1007/s11156-009-0129-8
Publikováno v:
Corporate Ownership and Control. 7:420-439
This study investigates earnings management and long-term stock performance surrounding reverse stock splits. It is designed to provide evidence on the role of managerial pessimism and discretionary current accruals. Discretionary current accruals ar
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e164103f77920488192afb85fe323df2
https://doi.org/10.22495/cocv7i2c4p3
https://doi.org/10.22495/cocv7i2c4p3
Publikováno v:
Journal of Financial and Quantitative Analysis. 41:407-438
This study provides further evidence of earnings management around security offerings. We find positive and significant discretionary current accruals coincident with offerings of reverse LBOs. Issuers in the most aggressive quartile of earnings mana
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9350e799592f53a54fbc371d54aeb728
https://doi.org/10.1017/s002210900000212x
https://doi.org/10.1017/s002210900000212x
Publikováno v:
The Financial Review. 34:19-32
We examine earnings forecast revisions by analysts subsequent to the announcement of private equity placements. Results show that analysts make significant upward revisions to their forecasts for current-year earnings. Furthermore, these forecast rev
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8af8cb6098f0ac6a8b77841baa34ee6b
https://doi.org/10.1111/j.1540-6288.1999.tb00460.x
https://doi.org/10.1111/j.1540-6288.1999.tb00460.x
Publikováno v:
Journal of Business Finance & Accounting. 26:621-649
Previous research documents significant abnormal net selling by insiders prior to seasoned equity offering announcements. This study documents that the abnormal net selling is significantly greater for growth firms than for mature firms. It also show
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6e52be95e2021eef53541ffd7e95eb6b
https://doi.org/10.1111/1468-5957.00269
https://doi.org/10.1111/1468-5957.00269
Publikováno v:
SSRN Electronic Journal.
We examine leverage changes around mergers by similar-size firms. If asset characteristics drive leverage, both acquirer and target pre-merger leverage should predict long-term post-merger leverage. We find that only acquirer pre-merger leverage has
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f829eb28f3f144e05dbc0c5edabd66e0
https://doi.org/10.2139/ssrn.2285140
https://doi.org/10.2139/ssrn.2285140