Showing 1 - 10 of 304
We provide a fresh look at the performance of the stock prices of firms that launched an IPO between 2009 and 2019 and …
Persistent link: https://www.econbiz.de/10014284360
offering (IPO) market for the provision of entrepreneurial finance-book building-have led to research into the viability of … auctions for IPO pricing and allocation. IPO firms face a trade-off between the benefit of accurate and reliable IPO price … the IPO market through the application of recent advances in data science, experimental economics and artificial …
Persistent link: https://www.econbiz.de/10012305138
Performance Indicators and IPO Offer Prices. It seeks to assist Indian IPO investors to make more informed decisions by advancing … their knowledge about relevant Pre-IPO Financial Performance Indicators that are effective predictors of Offer Price. The … framework to demonstrate that an IPO Offer Price can be assessed by its Pre-IPO Financial Performance. The findings of this …
Persistent link: https://www.econbiz.de/10014305516
obtained in the context of the initial public offering (IPO) is lesser in its extent, as compared to the case when the IPO … obtained in the context of the initial public offering (IPO) is lesser in its extent, as compared to the case when the IPO …
Persistent link: https://www.econbiz.de/10012309139
In this paper, we establish the significance and effects of initial public offer (IPO) offer price ranges on … subscription, initial trading, and post-IPO ownership structures. The primary market in India provides a unique setting for … estimating the effect of various initial public offer (IPO) price ranges and IPO issue factors on the initial demand for an IPO …
Persistent link: https://www.econbiz.de/10012388745
anomaly that occurs on the first day of IPO listing, i.e., underpricing, whereas this study is more ambitious; it considers … knowledge, the most comprehensive study to date on the effect of institutional factors on the two IPO anomalies: short and long …
Persistent link: https://www.econbiz.de/10014295563
One of the IPO-related anomalies that have been well-discussed in the finance literature is the IPO's long … the relative importance of these two explanations to the IPO's long-run underperformance. Our results show that although … both hot market and earnings management play a role in explaining IPO's long-run performance in their own rights, earnings …
Persistent link: https://www.econbiz.de/10012520058
This article investigates the determinants of dividend policy on the Casablanca stock exchange. The variables tested were based on the main theories of dividend policy, and the fixed effect model was used to test panel data over a period of 16 years from 2003 to 2018. The eight independent...
Persistent link: https://www.econbiz.de/10014284431
This paper provides global evidence supporting the hypothesis that expected return models are enhanced by the inclusion of variables that describe the evolution of book-to-market-changes in book value, changes in price, and net share issues. This conclusion is supported using data representing...
Persistent link: https://www.econbiz.de/10012022063
Using a large sample of bank seasoned equity offerings (SEO) from 2002 to 2017, we first documented detailed descriptive statistics, and showed that nonperforming assets ratio, our primary measure of bank asset quality, reached the highest value immediately after the 2008 economic crisis, which...
Persistent link: https://www.econbiz.de/10013369054