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The objective of this study is to investigate the long-run performance of initial public offerings (IPO) in Germany for the period from 1977 to 1995. Of particular interest is to examine whether underpricing and the timing of subsequent seasoned equity offerings (SEO) may help to explain why...
Persistent link: https://www.econbiz.de/10009156259
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The objective of this study is to investigate the long-run performance of initial public offerings (IPO) in Germany for the period from 1977 to 1995. Of particular interest is to examine whether underpricing and the timing of subsequent seasoned equity offerings (SEO) may help to explain why...
Persistent link: https://www.econbiz.de/10010281079
Die Ermittlung der Kapitalkosten und die adäquate Anwendung des Kapitalkostenkonzeptes habensowohl in der Finanzierungstheorie als auch für das Finanzmanagement einen besonderen Stellenwert.Im Schrifttum sind die Kapitalkosten als der Diskontierungsfaktor definiert, der zu verwenden ist, umdie...
Persistent link: https://www.econbiz.de/10005868348
Purpose -The objective of this study is to investigate the long-run performance of initial public offerings (IPOs) in Germany for the period from 1977 to 1995. The paper studies why some IPO firms have substantial positive and others have substantial negative long-run buy-and-hold abnormal...
Persistent link: https://www.econbiz.de/10010752653
Persistent link: https://www.econbiz.de/10006026574
The objective of this study is to investigate the long-run performance of initial public offerings (IPO) in Germany for the period from 1977 to 1995. Of particular interest is to examine whether underpricing and the timing of subsequent seasoned equity offerings (SEO) may help to explain why...
Persistent link: https://www.econbiz.de/10009958435
The objective of this study is to investigate the long-run performance of initial public offerings (IPO) in Germany for the period from 1977 to 1995. Of particular interest is to examine whether underpricing and the timing of subsequent seasoned equty offerings (SEO) may help to explain why some...
Persistent link: https://www.econbiz.de/10010765324
Purpose – The objective of this study is to investigate the long‐run performance of initial public offerings (IPOs) in Germany for the period from 1977 to 1995. The paper studies why some IPO firms have substantial positive and others have substantial negative long‐run buy‐and‐hold...
Persistent link: https://www.econbiz.de/10014939933