HIGHLIGHTS
- who: Equity Issuance Methods and colleagues from the London School of Economics and CEPR, UKConference, SFS Cavalcade North America Conference, Tsinghua PBC, University of Colorado, have published the article: Equity Issuance Methods and Dilution, in the Journal: (JOURNAL) of September/23,/2021
- what: Instead, the authors focus on two equity financing methods widely used in practice, and the authors explore whether they differ and how issue mode and terms affect wealth transfers among current shareholders as well as investment efficiency. The authors postpone the analysis of the underinvestment problem to Section 5, where the authors . . .
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