Purpose – The purpose of this paper is to examine the determinants of involuntary delisting rate for the Egyptian initial public offerings (IPOs) issued over the period 1992-2009. Design/methodology/approach – A definition of survival time that considers the date when the new Egyptian...

Consumption choices and behaviour of households influence well-being and demand for food products. For healthy eating and well-being households make choices such that the recommended daily calories are met. Such household choices are generally informed by a Food Guide (FG). Evidence suggests...

The purpose of this study is to distinguish between delisting and surviving firms using corporate governance characteristics of the firms.To this end, we employ discriminant analysis on a sample of industry and size matched pair of delisting firms. The sample was retrieved as a subset of firms...

This paper analyzes the information effect of involuntary delisting and the possibility of informed trading in the Korean stock market. We find that the abnormal return is between 80% and 90% due to involuntary delisting in the Korean market, where liquidity all but disappears as a result of...

This paper focuses on the decision to go public when both seller and potential buyers have private benefits of control. The basic model by Zingales (1995) is extended to account for uncertainty of private benefits. This leads to new implications for the sales process, ownership structure,...