Corporate financing decisions when investors take the path of least resistance

• 31 May 2007
• journal article
• Published by Elsevier in Journal of Financial Economics
• Vol. 84  (2) , 266-298
• https://doi.org/10.1016/j.jfineco.2006.03.005

Abstract

Keywords

• G32
• G34
• MERGERS
• INERTIA
• EQUITY ISSUANCE