Showing 1 - 10 of 99
The Venture capital (VC) industry in India is of recent origin. However, the average investment value of each deal in India have grown from $3.85 million in 2000 to $7.89 million in 2001.These developments together with the recent steps taken by government to promote venture capitalism in India...
Persistent link: https://www.econbiz.de/10005134795
, establishing a value for the firm etc. The present paper analyses stocks of six commercial banks (viz., Dubai Commercial Bank …, Emirates Bank International, National Bank of Dubai, Mashreq Bank, National Bank of Abu Dhabi, and Abu Dhabi Commercial Bank …) which constitutes 72% of the capitalisation of the banking sector in UAE. These bank stock prices are analysed for the trend …
Persistent link: https://www.econbiz.de/10005413135
This paper addresses the choice between different exit routes of venture capitalists for a project yielding a quality-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their effects on the optimal exit strategy and on...
Persistent link: https://www.econbiz.de/10005413189
This paper provides additional international evidence on the IPOs by examining the initial performance and two main determinants of short-run underpricing of 169 IPOs listed on the Athens Stock Exchange (ASE) over the period 1997-2002. The initial performance of the IPOs is measured by...
Persistent link: https://www.econbiz.de/10005561626
, bank control faded away as a result of a political reaction against financial institutions. Using stock market data from …
Persistent link: https://www.econbiz.de/10005076978
Esta es la tercera parte de una serie que forman una investigación más amplia titulada “La Estrategia de Citicorp en Chile: Un Intento de Investigación”. Aquí se describe la naturaleza, reglamentación, estado actual y perspectivas de más de los 25 segmentos del mercado financiero...
Persistent link: https://www.econbiz.de/10005125052
We provide a new explanation for the apparent underpricing of initial public offerings applicable to large, regulated firms like telecommunications companies. Under the assumption that regulation is subject to political pressure by voters we demonstrate that it may be rational for issuers to...
Persistent link: https://www.econbiz.de/10005125057
competition. The relationship lender’s (insider bank’s) informational advantage creates a lock-in effect, which is at its height … the switching cost increases, which de facto reduces the insider bank’s profits. However, after a certain threshold in the … switching cost, the insider bank’s ‘mark-up’ begins to increase again. Hence, relationship benefits are a non-monotonous (V …
Persistent link: https://www.econbiz.de/10005134694
We measure the loss potential of Hedge Funds by combining three market risk measures: VaR, Draw-Down and Time Under-The-Water. Calculations are carried out considering three different frameworks regarding Hedge Fund returns: i) Normality and time-independence, ii) Non-normality and time-...
Persistent link: https://www.econbiz.de/10005134729
Private equity funds of funds (FOFs) have become big business. Today, FOFs form 14% of new money raised. I test six explanations for the rise of FOFs. First, I find that FOFs do not generally deliver superior returns. They do, however, do well enough for the limited partners (LPs) that hire...
Persistent link: https://www.econbiz.de/10005134791