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
Authors:	Weiss, Pia ; Mai, Stefan
Publisher:	Köln : Universität zu Köln, Institut für Wirtschaftspolitik (iwp)
Subject:	Wertpapieremission \| Asymmetrische Information \| Signalling \| Unternehmensentwicklung \| Theorie \| IPO \| asymmetric information \| signalling game

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Series:	IWP Discussion Paper ; 2002/1
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	378732420 [GVK] hdl:10419/39247 [Handle]
Classification:	D82 - Asymmetric and Private Information
Source:	EconStor

Persistent link: https://www.econbiz.de/10010277221