Browsing HBS Scholarly Articles by Keyword "equity"
Now showing items 1-2 of 2
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Mutual Fund Trading Pressure: Firm-Level Stock Price Impact and Timing of SEOs
(Wiley-Blackwell, 2012)In tests of the equity market timing theory of external finance, the prior literature has used overvaluation identifiers such as high market-to-book and high prior returns that are likely correlated with other determinants ... -
Under New Management: Equity Issues and the Attribution of Past Returns
(Elsevier, 2016-06-17)There is a strong link between measures of stock market performance, such as changes in Tobin's Q or past stock returns, and equity issues. Typically, this performance is thought to be a characteristic of the firm, not the ...