A Note on Firms' Strategic Behaviour During an IPO

When potential shareholders cannot observe the business conditions of the firms, the latter desiring to acquire capital by an IPO and operating under less favourable business conditions have a strong incentive to appear more successful.

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Year of publication:	2002-01-30
Authors:	Weiss, Pia
Institutions:	EconWPA
Subject:	IPO \| asymmetric information \| signalling game

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Extent:	application/pdf
Series:	Microeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - Tex; prepared on IBM PC; pages: 6; figures: no 6 pages
Classification:	D82 - Asymmetric and Private Information
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005077052