Author: Qiming WangPublisher:
ISBN:
Category :
Languages : en
Pages : 180
Book Description
3 Essays Essays on Initial Public Offerings
Author: Qiming WangThree Essays on Initial Public Offerings
Author: Cheolwoo LeeThree Essays on Initial Public Offerings
Author: Matti KeloharjuPublisher:
ISBN: 9789517023436
Category : Going public (Securities)
Languages : en
Pages : 126
Book Description
Three Essays on Initial Public Offerings and Market Information
Author: William C. JohnsonPublisher:
ISBN:
Category : Disclosure of information
Languages : en
Pages : 322
Book Description
Three Essays on Initial Public Offerings
Author: Chuntai JinPublisher:
ISBN:
Category :
Languages : en
Pages : 246
Book Description
IPO -- operating performance -- offering size -- analyst forecast -- valuations -- new capital.
Initial Public Offerings and Real Estate Investment Trusts
Author: Sandra F. HolsonbackPublisher:
ISBN:
Category : Going public (Securities)
Languages : en
Pages : 262
Book Description
Initial Public Offerings (IPOs) are financial vehicles whereby firms can raise capital through public markets. These vehicles increased in importance in the 1990's when financial institutions were reluctant to lend money, especially to young or unestablished firms. Private real estate companies, hampered by these tight credit markets, formed Real Estate Investment Trusts (REITs), a public entity. REIT IPOs trade on the same markets and are subject to the same SEC regulations as equity stocks, but the lack luster behavior of their initial stock offerings is opposite to large initial day returns exhibited by equity stocks. In proposing that underpricing is a strategy utilized by the firm and the underwriter, this study, comparing IPOs of four industries: retail, manufacturer of communication equipment, software development, and REITs, validates the theory of asymmetric information, whereby investors are compensated for risk through underpricing.
Three Essays on Initial Public Offerings in Malaysia (PHD).
Author: Kamarun Nisham Bin Taufil MohdPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Essays on Initial Public Offerings
Author: Laura Bernadette FieldPublisher:
ISBN:
Category : Corporations
Languages : en
Pages : 324
Book Description
Initial Public Offerings, Liquidity, and Corporate Governance
Author: Saurav RoychoudhuryPublisher: LAP Lambert Academic Publishing
ISBN: 9783838318424
Category : Corporate governance
Languages : en
Pages : 148
Book Description
The book is a compilation of three related essays on initial Public Offerings, liquidity, productivity growth and corporate governance. The first essay looks at the long run performance of initial public offerings (IPOs) in the United States relative to their liquidity profile. The book provides a liquidity based explanation for why certain IPOs underperform in the long run. The second essay relates corporate governance to a firm s productivity growth. Given technology and industry constraints, some firms are very efficient whereas others are not and some firms have much faster rates of innovation and productivity growth than others. The book seeks to provide an explanation by looking at the relationship between a firm s governance structures and total factor productivity. The third essay connects the first two essays. It looks at the differences in the long term performance of IPOs with strong and weak corporate governance.
Essays on Initial Public Offerings
Author: Ambrus KecskésPublisher:
ISBN: 9780494398708
Category :
Languages : en
Pages : 264
Book Description
In this thesis, I study three aspects of going public. First, I examine whether separating the decision to list on a stock exchange and the decision to issue equity decreases the underpricing costs of going public. Next, I examine the extent to which economic fundamentals versus investor sentiment drive the equity issuance activity of firms going public. Finally, I examine whether the quantity of financing raised by firms going public is associated with firm value, and, if so, why this is the case.