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Capital structure signaling theory : evidence from the greek stock exchange

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Detalhes bibliográficos
Resumo:The paper's aim is to review the capital structure theories, and especially signaling theory. It inves­tigates whether the capital structure signaling theory is reliable in cases of companies listed at the Athens Stock Exchange. The companies used in the sample, raised new equity from 2004 until 2006, and the paper examines their stock price reaction to the announcement.
Autores principais:Markopoulou, Maria K.
Outros Autores:Papadopoulos, Demetrios L.
Assunto:capital structure signaling theory
Ano:2009
País:Portugal
Tipo de documento:artigo
Tipo de acesso:acesso aberto
Instituição associada:Universidade de Lisboa
Idioma:inglês
Origem:Repositório da Universidade de Lisboa
Descrição
Resumo:The paper's aim is to review the capital structure theories, and especially signaling theory. It inves­tigates whether the capital structure signaling theory is reliable in cases of companies listed at the Athens Stock Exchange. The companies used in the sample, raised new equity from 2004 until 2006, and the paper examines their stock price reaction to the announcement.