Showing 1 - 10 of 45
The potential accession of Turkey to the EU, and the related adoption of the CAP by Turkey,is expected to influence … agricultural markets in both the EU and Turkey. The extent of theaccession impacts depends on the one hand on the way the CAP will …-membership simulation show that the impacts on agriculturalmarkets in Turkey are significant, while effects on EU markets are rather limited …
Persistent link: https://www.econbiz.de/10009446181
to exploit underpricing of convertible bonds by taking a long position in a convertible and a short position in the …
Persistent link: https://www.econbiz.de/10009465981
Börsengangs von Wachstumsunternehmen gezogen werden können. Anhand empirischer Untersuchungen zum Underpricing und zur …
Persistent link: https://www.econbiz.de/10009466977
This paper examines the impact on underpricing and firm market value arising from IPO firms implementing a range of … underpricing. Using a comprehensive sample of 37 locally listed IPO firm's from across West Africa I find evidence of a mixed … increase underpricing in contrast to that of founders. …
Persistent link: https://www.econbiz.de/10009474942
The extremely high A- share underpricing in China's primary market provides us with a very interesting area of … empirical research. Previous studies on China's IPO underpricing have been suggestive, but in-conclusive. We investigate the A …- share underpricing by employing the most recent data available. A significant decline in A- share underpricing is found in …
Persistent link: https://www.econbiz.de/10009483884
–2004 period to test the underpricing effect. We do not find any evidence that risk management can reduce the uncertainty relating … to the new issue and hence alleviate the extent of underpricing. A plausible explanation for this lack of evidence is the … provide evidence that the underpricing returns for resources IPOs are not impacted upon by the strength of alternative …
Persistent link: https://www.econbiz.de/10009483901
This paper explores first-day returns on infrastructure entity initial public offerings (IPOs) in Australia from 1996 to 2007. While a good deal has been written on the first-day returns of industrial and mining company IPOs and Real Estate Investment Trust IPOs, first-day returns of...
Persistent link: https://www.econbiz.de/10009483921
This study examines the underpricing cost of 123 US REIT IPOs over the period 1996 until June 2010, including the … underpricing. The underpricing cost of raising REIT external equity averaged 3.18% using an equal weighting for each of the 123 … REIT IPOs. The study finds offer size is positively related to underpricing. A value weighted approach finds that …
Persistent link: https://www.econbiz.de/10009483975
This thesis presents two essays in Corporate Finance. In the first essay, I use the August 2007 crisis episode to gauge the effect of financial contracting on real firm behavior. I identify heterogeneity in financial contracting at the onset of the crisis by exploiting ex-ante variation in...
Persistent link: https://www.econbiz.de/10009477629
Persistent link: https://www.econbiz.de/10009467681