1 Introduction
1．1 Literature review
1．2 Characteristics of the institutional environment for equity issues
1．3 Objectives of the dissertation
1．4 Main results and contributions
2 How can managers anticipate future stock overvaluation?
2．1 Introduction
2．2 Literature review
2．3 Sample selection and data
2．4 Stock price reactions to SEO announcements
2．5 Are SEO firms overvalued at the announcement?
2．6 Do managers successfully time the SEO market?
2．7 Summary
3 Market timing of seasoned equity offerings with long regulative process
3．1 Introduction
3．2 Literature review and hypotheses
3．3 Sample selection and data
3．4 Baseline results
3．5 Additional analyses
3．6 Further analyses
3．7 Summary
4 Market timing in private placements of seasoned equity
4．1 Introduction
4．2 The market timing hypothesis of private placements
4．3 Data and variables
4．4 Empirical results
4．5 Robustness check
4．6 Summary
5 Conclusion
Bibliography
Acknowledgements
