We are grateful to Hsuan-Chi Chen, Jie He, Ronald Masulis, Dennis Sheehan, and conference participants at the 2009 Financial Management Association annual meeting and 2009 Eastern Finance Association annual meeting for their helpful comments. We also thank Scott Hein, Jayant Kale, Jeff Mercer, and Drew Winters (editors) and an anonymous referee, whose insightful comments and suggestions have greatly improved the paper. Hong Qian acknowledges the financial support from Faculty Research Fellowship at Oakland University. Zhaodong (Ken) Zhong appreciates the support from the David Whitcomb Center for Research in Financial Services at the Rutgers Business School.
SEASONED EQUITY ISSUERS’ R&D INVESTMENTS: SIGNALING OR OVEROPTIMISM
Article first published online: 13 DEC 2012
© 2012 The Southern Finance Association and the Southwestern Finance Association
Journal of Financial Research
Volume 35, Issue 4, pages 553–580, Winter 2012
How to Cite
Qian, H., Zhong, K. and Zhong, Z. (2012), SEASONED EQUITY ISSUERS’ R&D INVESTMENTS: SIGNALING OR OVEROPTIMISM. Journal of Financial Research, 35: 553–580. doi: 10.1111/j.1475-6803.2012.01328.x
- Issue published online: 13 DEC 2012
- Article first published online: 13 DEC 2012
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