Seasoned equity issues in the Greek stock market

 
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1993 (EN)

Seasoned equity issues in the Greek stock market (EL)
Seasoned equity issues in the Greek stock market (EN)

Τσαγκαράκης, Νικόλαος Β.

This paper is an empirical study of the common stock price reaction on the ex-rights day of seasoned equity issues. Using an event study methodology we investigate 34 seasoned equity offerings by listed firms in the Athens Stock Exchange (Greece) during the period 1981-1990 and observe that on the ex-rights day there are no abnormal returns concluding that the Greek Stock Market is efficient in the semi-strong form. (EN)

info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

Χρηματιστήριο αξιών (EL)
Χρηματοδότηση της επιχείρησης (EL)
Stock excange (EN)
Corporate finance (EN)


Σπουδαί - Journal of Economics and Business

English

1993-04-01


University of Piraeus (EN)

1105-8919
2241-424X
SPOUDAI - Journal of Economics and Business; Vol 43, No 2 (1993); 128-138 (EN)

Copyright (c) 1993 SPOUDAI - Journal of Economics and Business (EN)



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