TY - JOUR T1 - Dilution is a Drag… The Impact of Financings in Emerging Markets JF - The Journal of Investing SP - 17 LP - 22 DO - 10.3905/joi.2005.605277 VL - 14 IS - 4 AU - Lawrence S Speidell AU - Greg Stein AU - Kate Owsley AU - Ingrid Kreuter Y1 - 2005/11/30 UR - https://pm-research.com/content/14/4/17.abstract N2 - One appeal of emerging markets seems to be centered around the fact that being less developed, they have more room to catch up just by copying developed nations. The data examined in this article show that dilution in emerging markets is more onerous than it is in developed markets. Also, the volatility of emerging markets combined with the lag in dilution creates opportunities for investors. ER -