Narrow search
Showing 1 - 10 of 19,695
Cover Image
Towards contemporary issues in the financial system
Chodnicka, Patrycja (contributor);  … - Wydział Zarządzania, Uniwersytet Warszawski
Changes in the financial market and attempts at implementation of prudential regulation proposals after the recent financial crisis resulted in the scientific conference entitled International Conference on Management, Banking and Finance, held at the Faculty of Management, University of Warsaw,...
Persistent link: https://www.econbiz.de/10011162565
Cover Image
The Pricing Effect of Certification on Bank Loans: Evidence from the Syndicated Credit Market
Casolaro, Luca; Focarelli, Dario; Pozzolo, Alberto Franco - Dipartimento di Economia, Gestione, Società e … - 2003
This paper provides a direct test of banks' ability to mitigate informational asymmetries. In syndicated loans, lenders' incentive to screen ex ante and monitor ex post borrowers increases with the share they retain; consequently, the higher this share, the less risky the loan is considered by...
Persistent link: https://www.econbiz.de/10005583238
Cover Image
Is the Enterprise Creation Importance of Venture Capital in an Emerging Market Real? Answers from Johannesburg Securities Exchange's IPOS
Ojah, Kalu - In: The African Finance Journal 13 (2011) 2, pp. 1-24
Venture capital’s success in aiding enterprise creation in developed economies and its characteristic design for channeling equity capital to fledgling enterprises beyond the limits of bank term loans, have led some to suggest venture capital can play a role in bridging the enormous capital...
Persistent link: https://www.econbiz.de/10009319146
Cover Image
Annualized Returns of Venture-Backed Public Companies Categorized by Stage of Financing: An Empirical Investigation of IPOS in the Last Three Decades
Shachmurove, Yochanan - In: Journal of Entrepreneurial Finance 6 (2001) 1, pp. 44-58
proliferate. One often hears about the incredible capital gains of IPO share prices. This paper refutes the myth that investors …
Persistent link: https://www.econbiz.de/10010790657
Cover Image
IPO Firm Executives, Compensation, and Selling
Kim, Jaemin; Pukthuanthong, Kuntara - In: Journal of Entrepreneurial Finance 11 (2006) 1, pp. 3-21
IPO firm executives are significant net sellers in the year immediately following the IPO year. Two significant … restricted stocks turn out to be insignificant. The evidence suggests that IPO executives sell mainly to realize a significant …
Persistent link: https://www.econbiz.de/10010790697
Cover Image
Venture Financing and Role of Certification: A Theoretical Perspective
Yazdipour, Rassoul - In: Journal of Entrepreneurial Finance 6 (2001) 1, pp. 156-60
This paper attempts to extend the Certification Paradigm--mainly used in the literature as an explanation for IPO …
Persistent link: https://www.econbiz.de/10010790715
Cover Image
Exit Strategies of Venture Capitalists in Hot Issue Markets: Evidence from the “Neuer Markt" in Germany
Bessler, Wolfgang; Kurth, Andreas - In: Journal of Entrepreneurial Finance 10 (2005) 1, pp. 17-51
In this study we analyze the IPO exit behavior of venture capitalists (VCs) in the Neuer Markt, the former market for … at the IPO date, the lower is the IPO performance after expiration of the lock-up period. In addition, the firms that … went public in the year 2000 planned their IPO too late in the stock market cycle so that--due to the mandatory lock …
Persistent link: https://www.econbiz.de/10010790720
Cover Image
The Exit Rates of Liquidated Venture Capital Funds
Laine, Markus; Torstila, Sami - In: Journal of Entrepreneurial Finance 10 (2005) 1, pp. 53-73
exited 19% of portfolio companies through an IPO, 7% through a sale of listed equity, and 23% through mergers or acquisitions …
Persistent link: https://www.econbiz.de/10010790733
Cover Image
SB IPOs and IPO Anomalies: An Empirical Analysis of the Small Firm Uniqueness Hypothesis
Brau, James C.; Carpenter, C. Troy - In: Journal of Entrepreneurial Finance 16 (2013) 2, pp. 75-96
). We do this by using the 5B-IPO program of the SEC as our instrument to define a small firm. Having identified small firms …, we test the three IPO anomalies to see if small firms differ from large firms along these dimensions. We find that 5B …
Persistent link: https://www.econbiz.de/10010762503
Cover Image
Venture Capital and Firm Performance Over the Long-Run: Evidence from High-Tech IPOs in the United States
Brown, James R. - In: Journal of Entrepreneurial Finance 10 (2005) 3, pp. 1-33
their IPO. Venture-backed firms survive longer, grow faster, are more R&D intensive, have generally superior operating … that the true legacy of venture capital finance extends well beyond the IPO. …
Persistent link: https://www.econbiz.de/10010765295