Stock price reactions to capital structure changes in Chilean firms: Examining the effects of ownership structure, growth opportunities and leverage
We analyzed the effects of ownership structure, capital structure and growth opportunities on stock price reactions when companies issued debt or equity. Our results, based on event study methodology and IV regressions from a sample of 70 Chilean firms, indicate that controlling shareholder ownershi...
- Autores:
-
Muñoz Mendoza, Jorge A.
Sepúlveda Yelpo, Sandra M.
Veloso Ramos, Carmen L.
- Tipo de recurso:
- Fecha de publicación:
- 2020
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/17634
- Acceso en línea:
- http://hdl.handle.net/10784/17634
- Palabra clave:
- Abnormal returns
Debt
Capital structure
Wealth expropriation
Retornos anormales
Deuda
Estructura de capital
Expropiación de riqueza
- Rights
- License
- Copyright © 2020 Jorge A. Muñoz Mendoza, Sandra M. Sepúlveda Yelpo, Carmen L. Veloso Ramos