Publication Type
Journal Article
Version
acceptedVersion
Publication Date
10-1988
Abstract
The article discusses issues related to variations in rate of return of stocks under re-capitalization. Share returns are commonly adjusted for re-capitalization by distributing the difference between market and exercise prices over the number of shares. Re-capitalization is said to occur when the total amount of equity capital or number of shares in a firm changes. New issues usually take the form of bonus issues or new paid-up issues called rights issues, which do not change the amount of equity.
Keywords
Corporations, Finance, Recapitalization, rate of return, capital investments
Discipline
Corporate Finance
Research Areas
Finance
Publication
Asia Pacific Journal of Management
Volume
6
Issue
1
First Page
141
Last Page
147
ISSN
0217-4561
Identifier
10.1007/BF01732255
Publisher
Springer
Citation
ARIFF, Mohamed and Kian Guan LIM.
The rate of return under re-capitalization: A note. (1988). Asia Pacific Journal of Management. 6, (1), 141-147.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/4982
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1007/BF01732255