Howe, John S.; Nikolic, Biljana - In: Review of Behavioural Finance 4 (2012) 1, pp. 28-45
Purpose – The purpose of this paper is to assess whether the decision to issue warrants in an initial public offering … premium” and assess whether it relates to the probability of firms including warrants in their IPOs. Findings – The evidence … is strongly supportive of a catering influence on the firm's decision to include warrants in its IPO. Practical …