The Discount Dilemma: The Announcement Effects of Seasoned Equity Offerings on the Short-Run Performance of South African-listed Firms
The rationale behind the SEO and the correct pricing are of utmost importance to the success of the SEO, the share price performance, and any subsequent corporate projects the firm wishes to undertake. The primary objective of this research paper is to investigate how the share price of South African-listed firms is affected by the management team’s decision to announce the intention to undertake