RT Journal Article
SR Electronic
T1 Dilution is a Drag… The Impact of Financings in Emerging Markets
JF The Journal of Investing
FD Institutional Investor Journals
SP 17
OP 22
DO 10.3905/joi.2005.605277
VO 14
IS 4
A1 Lawrence S Speidell
A1 Greg Stein
A1 Kate Owsley
A1 Ingrid Kreuter
YR 2005
UL https://pm-research.com/content/14/4/17.abstract
AB 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.