| dc.contributor | 財管系 | zh_TW |
| dc.creator (作者) | 陳聖賢 | zh_TW |
| dc.creator (作者) | Chen, Sheng-Syan | en_US |
| dc.creator (作者) | Ho, Kim Wai | en_US |
| dc.creator (作者) | Lee, Cheng-Few | en_US |
| dc.creator (作者) | Yeo, Gillian H. H. | en_US |
| dc.date (日期) | 2002 | |
| dc.date.accessioned | 11-Jun-2018 17:50:39 (UTC+8) | - |
| dc.date.available | 11-Jun-2018 17:50:39 (UTC+8) | - |
| dc.date.issued (上傳時間) | 11-Jun-2018 17:50:39 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/117564 | - |
| dc.description.abstract (摘要) | We examine institutional characteristics and the wealth effects of private equity placements in Singapore. Our findings show that private placements in Singapore generally result in a negative wealth effect and a reduction in ownership concentration. We find that at high levels of ownership concentration, the relation between abnormal returns and changes in ownership concentration is significantly negative. We also show that the market reacts less favorably to placements in which management ownership falls below 50%, but more favorably to issues to single investors. We do not find evidence suggesting that our results are due to an information effect. | en_US |
| dc.format.extent | 269926 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | Financial Review, Vol.37, No.2, pp.165-183 | zh_TW |
| dc.subject (關鍵詞) | equity offerings; private placements; ownership structure | en_US |
| dc.title (題名) | Wealth Effect of Private Equity Placements: Evidence from Singapore | en_US |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1111/1540-6288.00010 | |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1111/1540-6288.00010 | |
