Item Type |
Article |
ID |
AA00260481-19920000-03920146
|
|
Preview |
Image |
|
Caption |
|
|
Full text |
AA00260481-19920000-03920146.pdf
Type |
:application/pdf |
Download
|
Size |
:950.5 KB
|
Last updated |
:May 7, 2007 |
Downloads |
: 1053 |
Total downloads since May 7, 2007 : 1053
|
|
Release Date |
|
Title |
Title |
Impacts of securities sales on stock prices : the anomalous case of Japanese bank issues
|
Kana |
|
Romanization |
|
|
Other Title |
|
Creator |
Name |
Pettway, Richard H.
|
Kana |
|
Romanization |
|
Affiliation |
University of Missouri-Columbia:Keio University
|
Affiliation (Translated) |
|
Role |
|
Link |
|
Name |
金子, 隆
|
Kana |
カネコ, タカシ
|
Romanization |
Kaneko, Takashi
|
Affiliation |
Society of Business and Commerce, Keio University
|
Affiliation (Translated) |
|
Role |
|
Link |
|
Name |
Young, Michael T.
|
Kana |
|
Romanization |
|
Affiliation |
University of Delaware
|
Affiliation (Translated) |
|
Role |
|
Link |
|
|
Edition |
|
Place |
|
Publisher |
|
Date |
Issued (from:yyyy) |
1992
|
Issued (to:yyyy) |
|
Created (yyyy-mm-dd) |
|
Updated (yyyy-mm-dd) |
|
Captured (yyyy-mm-dd) |
|
|
Physical description |
|
Source Title |
Name |
Keio business review
|
Name (Translated) |
|
Volume |
29
|
Issue |
|
Year |
1992
|
Month |
|
Start page |
129
|
End page |
143
|
|
ISSN |
|
ISBN |
|
DOI |
|
URI |
|
JaLCDOI |
|
NII Article ID |
|
Ichushi ID |
|
Other ID |
|
Doctoral dissertation |
Dissertation Number |
|
Date of granted |
|
Degree name |
|
Degree grantor |
|
|
Abstract |
Numerous studies find that shareholders do not gain from securities sales. This study documents a significant exception, new capital offerings by Japanese banks. Market reactions to these sales are significantly positive; however, these issues have two unusual features. First, new convertible bonds and equity shares are simultaneously offered. Second, the issues are often denominated in multiple currencies and sold in multiple countries. Tests indicate that the multiple markets/multiple currencies feature is strongly related to abnormal performance.
|
|
Table of contents |
|
Keyword |
|
NDC |
|
Note |
|
Language |
|
Type of resource |
|
Genre |
|
Text version |
|
Related DOI |
|
Access conditions |
|
Last modified date |
|
Creation date |
|
Registerd by |
|
History |
|
Index |
|
Related to |
|