Earnings management and the underperformance of seasoned equity offerings

Authors: Teoh S.H.¹; Welch I.; Wong T.J.

Source: Journal of Financial Economics, Volume 50, Number 1, 1 October 1998 , pp. 63-99(37)

Publisher: Elsevier

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Keywords: [uncontrolled keyword (default)] G14; [uncontrolled keyword (default)] G24; [uncontrolled keyword (default)] G32; [uncontrolled keyword (default)] M41; Corporate finance; Seasoned equity offerings; Earnings management; Accounting accruals; Anomalies; Market efficiency

Language: English

Document Type: Research article

DOI: 10.1016/S0304-405X(98)00032-4

Affiliations: 1: University of Michigan Business School, Ann Arbor, USA

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