Franzke, Stefanie A.; Grohs, Stefanie; Laux, Christian - Center for Financial Studies - 2003
We present a survey on the role of initial public offerings (IPOs) and venture capital (VC) in Germany after the Second …. The level of IPO underpricing in Germany, in contrast, has not been fundamentally different from that in other countries …. The picture for venture capital financing is not much different from that provided by IPOs in Germany. For a long time …