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Donald Trump's surprise election shifted expectations: corporate taxes would be lower and trade policies more restrictive. Relative stock prices responded appropriately. High-tax firms and those with large deferred tax liabilities (DTLs) gained; those with significant deferred tax assets from net...
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and exchange rates on the basis of crude oil export and import volume. Monthly data from January 2004 to December 2015 has …
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We examine the effect of export activity on the pricing of initial public offerings (IPOs) and their post … flow shocks and may also provide an entree into foreign sources of financing. On the other hand, export activity may bring … expenditures on research and development. Using a sample of 4,837 IPO firms from 1986 to 2010, we find that IPO firms with export …
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