Construct · 1 fields · 1 citations

new issues puzzle: a standalone construct

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Corporate finance

the poor stock returns of firms in the years after initial or seasoned equity offerings compared with non-issuing firms.

In corporate finance, new issues puzzle refers to the poor stock returns of firms in the years after initial or seasoned equity offerings compared with non-issuing firms. This meaning comes from Loughran (1995) in The Journal of Finance.[1]

Unit
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Nearby constructs

equity4 fields · 4 citationsjingle · one word, four constructs stock2 fields · 2 citationsjingle · one word, two constructs

References

Loughran, T., & Ritter, J. R. (1995). The New Issues Puzzle. The Journal of Finance, 50(1), 23-51. https://doi.org/10.1111/j.1540-6261.1995.tb05166.x

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