The structure of external financing costs and the economies of scale view: New evidence from seasoned equity offerings in Germany

Keyphrases

• Germany 100%
• Economies of Scale 100%
• New Evidence 100%
• External Financing Costs 100%
• Seasoned Equity Offerings 100%
• Flotation Costs 100%
• Underwriting Fees 40%
• Conventional Wisdom 20%
• Fixed Costs 20%
• Capital Markets 20%
• Firm Commitment 20%
• Equity Capital 20%
• German Capital 20%
• Free Float 20%

Economics, Econometrics and Finance

• Returns to Scale 100%
• Seasoned Equity Offering 100%
• Fixed Costs 33%
• Equity Capital 33%