Search Results - "Autore, Don M."

Activist investors and open market share repurchases by Autore, Don M., Clarke, Nicholas, Liu, Baixiao

“…This study examines the role of activist investors in firms’ decisions to conduct open market share repurchases. Compared with firms making ordinary share…”
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Blockchain speculation or value creation? Evidence from corporate investments by Autore, Don M., Clarke, Nicholas, Jiang, Danling

“…Many corporate executives believe blockchain technology is broadly scalable and will achieve mainstream adoption, yet there is little evidence of significant…”
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The preholiday corporate announcement effect by Autore, Don M., Jiang, Danling

“…We find that investors react more favorably to corporate announcements of share repurchases, SEOs, earnings, dividend changes, and acquisitions if the…”
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Confidential marketing in seasoned equity offers by Autore, Don M., Jones, Timothy, Kovacs, Tunde, Peterson, David R.

“…Confidentially marketed public offers (CMPOs) represent a popular innovation in the market for seasoned equity offers (SEO) despite large negative announcement…”
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The effect of securities litigation on external financing by Autore, Don M., Hutton, Irena, Peterson, David R., Smith, Aimee Hoffmann

“…Using a comprehensive sample of securities litigation, we examine the effect of financial fraud on the subsequent use of external financing. We find that firms…”
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Short interest as a signal to issue equity by Autore, Don M., Hutton, Irena, Jiang, Danling, Outlaw, Dominque G.

“…We find that the level of short interest in a firm's stock significantly predicts future seasoned equity offers (SEOs). The probability of an SEO announcement…”
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The 2008 short sale ban: Liquidity, dispersion of opinion, and the cross-section of returns of US financial stocks by Autore, Don M., Billingsley, Randall S., Kovacs, Tunde

“…This study examines the cross-sectional impact of the 2008 short sale ban on the returns of US financial stocks. Motivated by the large cross-sectional…”
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Investor recognition and seasoned equity offers by Autore, Don M., Kovacs, Tunde

“…We find that seasoned equity issuers who pay more in underwriting costs are associated with larger improvements in investor recognition, greater…”
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Do shareholder rights influence the direct costs of issuing seasoned equity? by Autore, Don M., Hobbs, Jeffrey, Kovacs, Tunde, Singh, Vivek

“…We test the hypothesis that underwriters set higher gross spreads and deeper offer price discounts in seasoned equity offers of firms exhibiting weak…”
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Changing the rules again: Short selling in connection with public equity offers by Autore, Don M., Gehy, Dominique

“…► The impact of two recent regulations that impose restrictions on short selling. ► Amendment to Rule 105 causes greater SEO discounting for overnight offers…”
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Executive compensation structure and the motivations for seasoned equity offerings by Brisker, Eric R., Autore, Don M., Colak, Gonul, Peterson, David R.

“…We hypothesize that managers who receive high equity-based compensation have greater incentive to avoid ownership dilution by timing their seasoned equity…”
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Equity issues and temporal variation in information asymmetry by Autore, Don M., Kovacs, Tunde

“…We investigate the intertemporal relation between information asymmetry and equity issues, and particularly focus on which firms drive this relation. We find…”
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Does Rule 10b-21 increase SEO discounting? by Autore, Don M.

“…Short sale constraints prior to seasoned equity offers, imposed by Rule 10b-21 in 1988, are believed to compromise pricing efficiency and contribute to the…”
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The impact of institutional quality on initial public offerings by Autore, Don M., Boulton, Thomas J., Smart, Scott B., Zutter, Chad J.

“…•Country-level institutional quality is positively correlated with IPO underpricing.•The association is strong in developed markets, but absent for emerging…”
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Accelerated Equity Offers and Firm Quality by Autore, Don M., Hutton, Irena, Kovacs, Tunde

“…A series of deregulatory reforms has promoted accelerated equity issuance at the expense of adequate time for underwriter and market scrutiny. Today the…”
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Information uncertainty and auditor reputation by Autore, Don M., Billingsley, Randall S., Schneller, Meir I.

“…This paper explores the relationship between information uncertainty and auditor reputation revealed by the failure of Arthur Andersen (AA). AA’s reputation…”
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Intended use of proceeds and the long-run performance of seasoned equity issuers by Autore, Don M., Bray, David E., Peterson, David R.

“…We investigate the relation between seasoned equity issuers' stated intended use of proceeds and their subsequent long-run stock and operating performance…”
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The revival of shelf-registered corporate equity offerings by Autore, Don M., Kumar, Raman, Shome, Dilip K.

“…We report that traditional seasoned equity offerings (SEOs) are no longer firms' preferred choice for raising seasoned public equity. Traditional offerings…”
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Do analyst recommendations reflect shareholder rights? by Autore, Don M., Kovacs, Tunde, Sharma, Vivek

“…We examine whether sell-side analyst recommendations reflect shareholder rights. Our rationale is that analysts should be influenced by external governance…”
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Skewness Preference and Seasoned Equity Offers by Autore, Don M., DeLisle, Jared R.

“…We find that the degree of expected idiosyncratic skewness in seasoned equity issuers’ stock returns is an important determinant of flotation costs and…”
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