Similar Search Results

Signaling by underpricing the initial public offerings of primary listings in an emerging market

Čornanič, Aleš; Novák, Jiri - 2013

The signaling hypothesis suggests that firms have incentives to underprice their initial public offerings (IPOs) to signal their quality to the outside investors and to issue seasoned equity (SEO) at more favorable terms. While the initial empirical evidence on the signaling hypothesis was weak,...

Persistent link: https://www.econbiz.de/10009775653

Signaling by underpricing the initial public offerings of primary listings in an emerging market

Čornanič, Aleš; Novák, Jiří - 2013

Persistent link: https://www.econbiz.de/10010322308

Comparative Analysis of Underpricing and Subscription of SME IPOs and Main Board IPOs in India

Sharma, Sudesh Kumar - 2020

price discovery using underpricing analysis. The study is based on sample of 1110 IPOs which comprises 526 SME IPOs and 584 … analysis suggests that SME IPOs are more efficient in terms of underpricing. Further, the demand levels in case of SMEIPOs are …

Persistent link: https://www.econbiz.de/10012840304

Underpricing in Graded IPOs

Sharma, Sudesh Kumar - 2014

negative effect on underpricing …

Persistent link: https://www.econbiz.de/10013057757

Do Regulatory Changes Affect the Underpricing of European IPOs?

Akyol, Ali C. - 2015

codes by Member States of the European Union (EU) have affected IPO underpricing on Member State-regulated markets, where … underpricing declined on Member State-regulated markets after Member States adopted corporate governance codes containing SOX …-like provisions. We do not find a similar reduction in IPO underpricing on exchange-regulated markets. Our results are robust to …

Persistent link: https://www.econbiz.de/10013021649

Signaling by Underpricing the Initial Public Offerings of Primary Listings in an Emerging Market

Cornanic, Ales; Novak, Jiri - Institut ekonomických studií, Univerzita Karlova v Praze - 2013

Persistent link: https://www.econbiz.de/10010686527

Learning and signalling in the French and German venture capital industries

Stolpe, Michael - 2003

This paper analyses the efficiency of venture capital and its impact on primary equity markets in France and Germany. It shows that venture capital operates according to the signalling model in France and according to the learning model in Germany. Only the learning model can serve as a...

Persistent link: https://www.econbiz.de/10010265598

Underwriter Reputation, Issuer Ownership, and Pre-IPO Earnings Management : Evidence from China

Chen, Chao - 2012

underwriter reputation for issuers with different ownership structures in China. We document a significantly inverse relationship … between underwriter reputation and pre-IPO earnings management for non-state-owned enterprises (NSOE) issuers only, while no …, underwriter reputation is positively correlated with issuer post-IPO performance indicating that prestigious underwriters can …

Persistent link: https://www.econbiz.de/10013097123

Bad News Bankers : Underwriter Reputation and Contagion in Pre-1914 Sovereign Debt Markets

Indarte, Sasha - 2019

contagion via shared financial intermediaries. Concerns over reputation incentivized Britain's merchant banks to monitor, advise …

Persistent link: https://www.econbiz.de/10012902171

The Valuation Effect of Listing Standards : An Analysis of Venture Capital-Backed IPOs

Carpentier, Cécile - 2012

This paper examines the valuation of venture capital (VC)-backed IPOs in Canada and the US over the 1986-2007 period. The data indicate that differences in listing standards between Canada and the US account for fact that IPOs are valued substantially lower in Canada. We consider alternative...

Persistent link: https://www.econbiz.de/10013116887

1
2
3
4
5
6
7
8
9
10
Next
Last