Choice of Financing in a Borrowing Constrained Economy and Post Issue Stock Performance

Date

2015-01-06

Author

Danışoğlu, Seza
Güner, Zehra Nuray

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https://hdl.handle.net/11511/73152

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Choice of Financing in a Borrowing Constrained Economy and Long Run Post Issue Stock Performance Danışoğlu, Seza; Güner, Zehra Nuray (2015-01-06)
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Teknoloji seçimi ve üretim ölçeği = Choice of technology and scale of Yıldırım, Tülay; Department of Economics (1981)
Choice of Financing in a Borrowing-Constrained Economy and Long-Term Profitability Effects Danışoğlu, Seza; Güner, Zehra Nuray (2017-12-20) This paper examines the long - run stock performance of equity issuers in a borrowing - constrained emerging economy and documents no negative abnormal stock performance when there are severe borrowing constraints . This result is robust t o the inclusion of several risk factors and firm characteristics as control variables in the regressions . Findings of this study might have important implications for other emerging markets and international investors ta...

Citation Formats

S. Danışoğlu and Z. N. Güner, “Choice of Financing in a Borrowing Constrained Economy and Post Issue Stock Performance,” 2015, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/73152.