Narrow search
Showing 1 - 10 of 244
Cover Image
An elementary model of VC financing and growth
Greenwood, Jeremy; Han, Pengfei; Inokuma, Hiroshi; … - 2022
Persistent link: https://www.econbiz.de/10013447945
Cover Image
Entrepreneurial finance and the Russian war against Ukraine : a survey of European venture capital and private equity investors
Krämer-Eis, Helmut; Block, Jörn; Botsari, Antonia; … - 2023
The EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among General Partners on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2022 waves of these two surveys...
Persistent link: https://www.econbiz.de/10014314360
Cover Image
The business angel portfolio under the European Angels Fund : an empirical analysis
Gvetadze, Salome; Pal, Kristian; Torfs, Wouter - 2020
This paper analyses the Business Angel (BA) portfolio of the European Angels Fund (EAF), an initiative of the European Investment Fund, which engages in co-investment relationships with experienced business angels across Europe. It uses EIF’s proprietary database to shed light on a specific...
Persistent link: https://www.econbiz.de/10012156137
Cover Image
Pricing initial public offerings in premature capital markets : the case of Hungary
Schindele, Ibolya; Perotti, Enrico C. - 2002
This paper investigates the determinants of underpricing at initial public offerings in theHungarian Initial Public … discount at privatization IPOs than at private issues, and a positive relation between underpricing and the proportion of … that the transition related determinants of underpricing disappear as the securities market becomes more mature. …
Persistent link: https://www.econbiz.de/10011598328
Cover Image
Corporate debt and investment in the post-Covid world
Heresi, Rodrigo; Powell, Andrew - 2022
We study the relationship between corporate debt, corporate risk and firm-level investment, using a sample of 25,000 listed companies across 47 countries over the last two decades. We find higher leverage reduces investment but show the effect varies with risk, as measured by firm time-varying...
Persistent link: https://www.econbiz.de/10014495148
Cover Image
Business angels in Germany : EIF's initiative to support the non-institutional financing market
Kraemer-Eis, Helmut; Schillo, Markus - 2011
Business Angels (BAs) are an important financing source for SMEs, and seed and start-up companies in particular. BAs are even more important in countries and regions lacking an institutionalised VC infrastructure, often being the only major source of equity finance for young innovative SMEs. An...
Persistent link: https://www.econbiz.de/10011862423
Cover Image
Understanding the pricing of initial public offerings
Chalk, Andrew J.; Peavy, John W. - 1986
Persistent link: https://www.econbiz.de/10000787877
Cover Image
The abnormal returns of UK privatisations : from underpricing to outperformance
Florio, Massimo; Manzoni, Katiuscia - 2002
This paper offers a review and discussion of the evidence concerning the underpricing and long run performance of … that underpricing was not followed by underperformance, as is usually observed with IPOs, but rather strong outperformance …
Persistent link: https://www.econbiz.de/10011597836
Cover Image
IPO pricing with bookbuilding and a when-issued market
Stomper, Alex; Aussenegg, Wolfgang; Pichler, Pegaret - 2004
This paper examines the German IPO pricing process which combines bookbuilding with a liquid pre-IPO when-issued market. We find no partial adjustment phenomenon, as has been documented for U.S. IPOs. We thus find no evidence that bookbuilding provides information for IPO pricing, beyond the...
Persistent link: https://www.econbiz.de/10011599065
Cover Image
Primary market design : direct mechanisms and markets
Stomper, Alex; Pichler, Pegaret - 2004
We develop a model that allows for the coexistence of bookbuilding and when-issued trading. We show that, due to interactions between these two processes, allowing for when-issued trading is for the most part beneficial for issuers. When-issued trading may interfere with information gathering...
Persistent link: https://www.econbiz.de/10011599123