3
Views
2
CrossRef citations to date
0
Altmetric
Articles

The Impact of Rights Issue Announcements on Share Prices

, &
Pages 21-40 | Published online: 28 Jan 2022

References

  • Asquith, P and Muilins, DW (1986): “Equity Issues and Offering Dilution”, Journal of Financial Economics, 15, 61–89.
  • Bowman, RG (1983): “Understanding and Conducting Event Studies”, Journal of Finance and Accounting, 10(4), 561–584.
  • Gilbertson, BP and Roux FJP (1977): “The Johannesburg Stock Exchange as an Efficient Market”, The Investment Analysts Journal, 9, 21–27.
  • Gilbertson, BP and Roux FJP (1978): “Some Further Comments on The Johannesburg Stock Exchange as an Efficient Market”, The Investment Analysts Journal, 11, 21–31.
  • Harry, IR (1990): The Capital Structure of Listed Companies, Unpublished MBA Research Report, University of the Witwatersrand, Graduate School of Business Administration.
  • Lambrechts, IJ and Mostert, FJ (1980): “An Analysis of the Behaviour of Market Prices during Rights Issues”, The Investment Analysis Journal, 15, 25–33.
  • Masulis, RW and Korwar, AN (1986): “Seasoned Equity Offerings, an Empirical Investigation”, Journal of Financial Economics, 15, 91–118.
  • Masulis, RW (1980): “The Effects of Capital Structure Change on Security Prices - a Study of Exchange Offers”, Journal of Financial Economics, 8, 139–178.
  • Mikkelson, WH and Partch, MM (1986): “Valuation Effects of Security Offerings and the Issuance Process”, Journal of Financial Economics, 15, 31–60.
  • Modigliani, F and Miller, MH (1958): “The Cost of Capital, Corporation Finance and the Theory of Investment”, The American Economic Review, 48(3), 261–297.
  • Modigliani, F and Miller, MH (1963): “Corporate Income Taxes and the Cost of Capital: a Correction”, American Economic Review, 53.
  • Myers, SC (1984): “The Capital Structure Puzzle”, The Journal of Finance, 39(3), 575–592.
  • Myers, SC and Majluf, NS (1984): “Corporate Financing and Investment Decisions when Firms have Information that Investors do not have”, Journal of Financial Economics, 13, 187–221.
  • Scholes, MS (1972): “The Market for Securities: Substitution versus Price Pressure and the Effects of Information on Share Prices”, Journal of Business, 45, 179–211.
  • Strebel, PJ (1977): “The Limited Efficiency of The Johannesburg Stock Exchange”, The Investment Analysts Journal, 10, 15–20.
  • White, RW and Lusztig, PA (1980): “The Price Effects of Rights Offerings”. Journal of Financial and Quantitative Analysis, 15(1), 25-40
  • Woods, IR (1977): “An Analysis of the Possible Effects of a Rights Issue on the Issuing Company’s Share Price”, The Investment Analysis Journal, 5, 33–40.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.