könnte vielleicht kurz jemand den Abstract eines Essays prüfen und mir sagen ob die Ausdrucksweise so korrekt gewählt ist bzw. ob man etwas "eleganter" ausdrücken könnte?
Vielen Dank
In this paper, we investigate whether the changes in the capital structure and more specifically capital increase through share issue via seasoned equity offerings send signals to investors that the firm is currently overvalued. To achieve this goal, event study methodology is applied to analyse stock price reactions upon the announcement of specific equity offerings. Empirical tests on the significance and comparison of the average cumulative abnormal returns are conducted. The investigation has shown that no abnormal returns can be observed and we therefore conclude that investors do not regard equity offerings as a benchmark for an overvaluation of the current stock price.