Hedging, information asymmetry and financing cost : evidence from seasoned equity offering announcements
This paper examines the effect of hedging on reducing the degree of information asymmetry. The effect of hedging on reducing information asymmetry is captured by comparing the abnormal returns and cumulative abnormal returns of hedgers and non-hedgers during their seasoned equity offering announceme...
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2003
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Online Access: | http://spectrum.library.concordia.ca/1973/1/MQ77674.pdf Shao, Wei <http://spectrum.library.concordia.ca/view/creators/Shao=3AWei=3A=3A.html> (2003) Hedging, information asymmetry and financing cost : evidence from seasoned equity offering announcements. Masters thesis, Concordia University. |
Internet
http://spectrum.library.concordia.ca/1973/1/MQ77674.pdfShao, Wei <http://spectrum.library.concordia.ca/view/creators/Shao=3AWei=3A=3A.html> (2003) Hedging, information asymmetry and financing cost : evidence from seasoned equity offering announcements. Masters thesis, Concordia University.