Bank recapitalization in Europe: Informational content in the issuing method

Antzoulatos, 2014, Institutions: moral hazard and expected government support of banks, J. Financ. Stability, 15, 161, 10.1016/j.jfs.2014.09.006 Armitage, 1998, Seasoned equity offers and rights issues: a review of the evidence, Eur. J. Finance, 4, 29, 10.1080/13518479800000002 Barth, 2013, Bank regulation and supervision in 180 countries from 1999 to 2011, J. Financ. Econ. Polic., 5, 111, 10.1108/17576381311329661 Beccalli, 2016, Why are some banks recapitalized and others taken over?, J. Int. Financ. Mark., Inst. Money, 45, 79, 10.1016/j.intfin.2016.07.001 Carbó-Valverde, S., Cuadros-Solas, P., Rodríguez-Fernández, F., 2018. Do bank bailouts have an impact on the underwriting business? Working Paper. Eckbo, 1992, Adverse selection and the rights offer paradox, J. Financ. Econ., 32, 293, 10.1016/0304-405X(92)90030-2 Eckbo, 2007, Security offerings, Handbook of Empirical Corporate Finance, Elsevier, 233 Elyasiani, 2014, Large capital infusions investor reactions, and the return and risk-performance of financial institutions over the business cycle, J. Financ. Stability, 11, 62, 10.1016/j.jfs.2013.11.002 Ferris, 1997, New equity offerings in Japan: an examination of theory and practice, J. Int. Financ. Mark., Inst. Money, 7, 185, 10.1016/S1042-4431(97)00018-8 Hansen, 1988, The demise of the rights issue, Rev. Financ. Stud., 1, 289, 10.1093/rfs/1.3.289 Heckman, 1979, Sample selection bias as a specification error, Econometrica, 47, 153, 10.2307/1912352 Heinkel, 1986, Rights versus underwritten offerings: An asymmetric information approach, J. Finance, 41, 1, 10.1111/j.1540-6261.1986.tb04488.x Hellmann, 2000, Liberalization, moral hazard in banking, and prudential regulation: Are capital requirements enough?, Am. Econ. Rev., 90, 147, 10.1257/aer.90.1.147 Holderness, 2016, Shareholder nonparticipation in valuable rights offerings: New findings for an old puzzle, J. Financ. Econ., 120, 252, 10.1016/j.jfineco.2016.01.011 Iqbal, 2009, Earnings management around UK open offers, Eur. J. Finance, 15, 29, 10.1080/13518470701705652 Keeley, 1989, The stock price effects of bank holding company securities issuance, Econ. Rev. Win, 3 Khan, 2015, The capital purchase program and subsequent bank SEOs, J. Financ. Stability, 18, 91, 10.1016/j.jfs.2015.01.006 Kothare, 1997, The effects of equity issues on ownership structure and stock liquidity: A comparison of rights and public offerings, J. Financ. Econ., 43, 131, 10.1016/S0304-405X(96)00892-6 Krishnan, 2010, Examining bank SEOs: are offers made by undercapitalized banks different?, J. Financ. Intermed., 19, 207, 10.1016/j.jfi.2009.02.002 Li, 2016, Bank regulation, financial crisis, and the announcement effects of seasoned equity offerings of US commercial Banks, J. Financ. Stability, 25, 37, 10.1016/j.jfs.2016.06.007 Myers, 1977, Determinants of corporate borrowing, J. Financ. Econ., 5, 147, 10.1016/0304-405X(77)90015-0 Myers, 1984, Corporate financing and investment decisions when firms have information that investors do not have, J. Financ. Econ., 13, 187, 10.1016/0304-405X(84)90023-0 Polonchek, 1989, Valuation effects of commercial bank security offerings: a test for information hypothesis, J. Bank. Finance, 3, 443, 10.1016/0378-4266(89)90052-6 Slovin, 2000, Alternative flotation methods, adverse selection, and ownership structure: evidence from seasoned equity issuance in the UK, J. Financ. Econ., 57, 157, 10.1016/S0304-405X(00)00054-4 Slovin, 1992, Informational externalities of seasoned equity issues: differences between banks and industrial firms, J. Financ. Econ., 32, 87, 10.1016/0304-405X(92)90026-T Smith, 1977, Alternative methods for raising capital: Rights versus underwritten offerings, J. Financ. Econ., 5, 273, 10.1016/0304-405X(77)90040-X Veld, C., Verwijmeren, P., Zabolotnyuk, Y., 2015. Wealth effects of seasoned equity offerings: a meta analysis. Working paper.