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The long run performance of UK firms making multiple rights issues

Iqbal, Abdullah, Akbar, Saeed, Shiwakoti, Radha K. (2013) The long run performance of UK firms making multiple rights issues. International Review of Financial Analysis, 28 (June). pp. 156-165. ISSN 1057-5219. (doi:10.1016/j.irfa.2013.03.003) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:43725)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
Official URL
http://dx.doi.org/10.1016/j.irfa.2013.03.003

Abstract

This study examines the long run performance of firms offering multiple rights issues in the UK and differentiates

Exchange listed industrial companies between 1988 and 2008, this study reports that firms making multiple

However, the one-time rights issuers do experience underperformance during the sample period. The findings of

could avoid loses by investing in firms which had made more than one rights issue in the past. The results also

control the incidence of similar events that had happened in previous years.

Item Type: Article
DOI/Identification number: 10.1016/j.irfa.2013.03.003
Uncontrolled keywords: Rights issues; Operating performance; Returns; Sequence in equity issues; Seasoned equity offerings; Multiple rights issues
Subjects: H Social Sciences > HG Finance
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Abdullah Iqbal
Date Deposited: 27 Oct 2014 18:07 UTC
Last Modified: 16 Feb 2021 12:56 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/43725 (The current URI for this page, for reference purposes)
Iqbal, Abdullah: https://orcid.org/0000-0002-3013-1007
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