Haku
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Political ties and raising capital in global markets: Evidence from Yankee bonds
(28.05.2022)
Journal of Corporate Finance June ; 2022
Journal of Corporate Finance June ; 2022
This paper examines whether state-to-state political ties help firms obtain better terms when raising funds in global capital markets. Focusing on the Yankee bonds market, we find that issuances by firms from countries ...
Learning and staged equity financing
(16.05.2022)
Journal of Corporate Finance June
Journal of Corporate Finance June
We propose a rationale for why firms often return to the equity market shortly after their initial public offering (IPO). We argue that hard to value firms conduct smaller IPOs, and that they return to the equity market ...