Jin, Chuntai; Li, Tianze; Zheng, Steven Xiaofan; Zhong, Ke - In: Managerial Finance 43 (2017) 9, pp. 966-981
Purpose The purpose of this paper is to answer the following three questions about the new capital raised in initial public offerings (IPOs): why do some IPO companies raise a lot of new capital while some others do not? Where do the IPO companies use the new capital they raise in IPOs? How does...
