Andriansyah, Andriansyah - In: International Journal of Managerial Finance 13 (2017) 4, pp. 397-418
the intended use of proceeds as a proxy variable for the primary market and the investment-to-price sensitivity and the … firm’s motivation to go public, the author also shows that the operating performance is positively affected by investment-to-price … sensitivity and negatively affected by stock price informativeness. The stock prices affect investment decisions by the way that …