01277nas a2200145   4500008004100000245008200041210006900123260000900192300001200201490000700213520076100220653001200981100001700993856012101010       2002                        eng d00aLong-Horizon Seasoned Equity Performance in the Pacific Rim Financial Markets0 aLongHorizon Seasoned Equity Performance in the Pacific Rim Finan  c2002  a317-3330 v113 aPrevious studies of firms that issue seasoned equity in the US and Japan have found that these firms significantly underperform over the long-run subsequent to the issue. I offer further evidence of this by examining Japanese seasoned offerings (SEOs) from 1975 to 1992. I find similar results for firms issuing seasoned equity in Hong Kong. However, I also find that Korean SEOs generate insignificant abnormal returns over a 36-month period following the issue. These results suggest that the asymmetric information argument offered for the US and Japanese markets do not always hold, especially in markets where the regulatory and market structures vary greatly. Cross-sectional results suggest that younger firms tend to perform worse than older firms.10aFinance1 aMathew, Prem  uhttps://dev.business.oregonstate.edu/biblio/long-horizon-seasoned-equity-performance-pacific-rim-financial-markets-0