Does equity or bond offerings in Malaysia matter to share price performance?

• Main Authors: Tern, Poh Joo, Lee, Hui Shan, Har, Wai Mun, Cheng, Fan Fah
• Format: Conference or Workshop Item
• Language: English
• Published: 2015
• Online Access: http://psasir.upm.edu.my/id/eprint/75489/1/AAMC2015-4.pdf; http://psasir.upm.edu.my/id/eprint/75489/

This study examines the stock price reaction to the announcement of equity or bond issuance in Malaysia (2001 to 2011). Results reveal significant effect of equity issuance on the share price but insignificant effect of bond issuance on the share price. It suggests that the announcement of equity is...