CAPITAL STRUCTURE REARRANGEMENTS AND ME‐FIRST RULES IN AN EFFICIENT CAPITAL MARKET

Abstract

The Journal of FinanceVolume 32, Issue 3 p. 789-810 Article CAPITAL STRUCTURE REARRANGEMENTS AND ME-FIRST RULES IN AN EFFICIENT CAPITAL MARKET E. Han Kim, E. Han KimSearch for more papers by this authorJohn J. McConnell, John J. McConnellSearch for more papers by this authorPaul R. Greenwood, Paul R. GreenwoodOhio State University, Purdue University, and Vice President, Chase Manhattan Bank. This paper has benefited from the helpful comments of Andrew Chen, Frank Jen, Stanley Kon, Bill Lewellen, George Racette, the participants of the Finance Workshop at Ohio State University, and a referee for this Journal, Rich Pettit. Financial support for this study was provided by the Ohio State University Research Foundation.Search for more papers by this author E. Han Kim, E. Han KimSearch for more papers by this authorJohn J. McConnell, John J. McConnellSearch for more papers by this authorPaul R. Greenwood, Paul R. GreenwoodOhio State University, Purdue University, and Vice President, Chase Manhattan Bank. This paper has benefited from the helpful comments of Andrew Chen, Frank Jen, Stanley Kon, Bill Lewellen, George Racette, the participants of the Finance Workshop at Ohio State University, and a referee for this Journal, Rich Pettit. Financial support for this study was provided by the Ohio State University Research Foundation.Search for more papers by this author First published: June 1977 https://doi.org/10.1111/j.1540-6261.1977.tb01989.xCitations: 40 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume32, Issue3June 1977Pages 789-810 RelatedInformation