Is the abnormal return following equity issuances anomalous?

A-Tier

Journal: Journal of Financial Economics

Year: 2000

Volume: 56

Issue: 2

Pages: 209-249

Authors (3)

Brav, Alon (not in RePEc) Geczy, Christopher (University of Pennsylvania) Gompers, Paul A. (Harvard University)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count