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Various factors that influence investors’ decision in an IPO are reflected in the initial return anomaly. This paper analyse which factors are more influencing, financial, non-financial and macroeconomic, including stock-market performance on initial return. The research was conducted on 100...
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In the middle of last century, policymakers and the courts came to accept the “Chicago school” interpretation of antitrust: unless it is demonstrated that consumers are being harmed, government should not intervene in firm concentration. Recently, some commentators have charged that this...
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Matt Stoller discusses the current ideological shift in antitrust law, relating it to lax enforcement of antitrust and the resulting radical concentration of corporate power over the last forty years. Such power now manifests itself as overt authoritarianism and right-wing nationalism worldwide,...
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