Corporate Financing in the Netherlands: Some Empirical Evidence
نویسنده
چکیده
The purpose of this paper is to examine the financing behaviour of Dutch corporations and its impact on firm performance. First, I present some stylised facts of corporate financing in the Netherlands. I show how the Dutch financial system differs from other major financial systems. Second, I analyse the valuation effect of different types of security offerings made by Dutch quoted firms. An evaluation of the determinants of the valuation effect is also made. Third, I explore the long-term impact of equity offerings by focusing on fundamental performance measures. JEL classification: G21, G32, G31, G35
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