Honors Program Theses


Open Access Honors Program Thesis

First Advisor

Mir Zaman


Managers of publicly traded firms use various methods to signal to the market their beliefs about their company's current performance and future prospects. These methods include, among others, the declaration of dividends to common stockholders, a firm's repurchase of its shares in the market, or the issuance of seasoned equity. Each of these actions can be used to send a specific signal to the market based on management's beliefs regarding the firm's financial outlook.

This study focuses on a firm's issuance of seasoned equity. Seasoned equity offerings, or SEOs, are the issuance of additional shares of stock by a firm that is already publicly traded. These issuances are typically made in order for the firm to generate the additional funds necessary to finance a potential project or projects.

Year of Submission



Department of Finance

University Honors Designation

A thesis submitted in partial fulfillment of the requirements for the designation University Honors


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Date Original


Object Description

1 PDF file (27 pages)