Before the IPO bubble burst, the first day return for IPOs backed by top VC firms was double that of non-top VC IPOs …. Post-bubble, regulatory shocks restricted preferential IPO allocations and reduced the value of all-star coverage …

The central question of this study involves the relation between the use of takeover defenses and IPO firm value. We … primarily motivated by managerial entrenchment. IPO investors anticipate potential conflict of interests with management and … reduce the price they pay for the IPO shares if takeover defenses are adopted. Although managers internalize this cost of …

stay private. Family-controlled firms have significantly lower probabilities of filing for an IPO, while a board structure … that grants management relatively more autonomy lowers the probability of an IPO filing as well. Crosssectional analysis of …

A substantive literature examines the short- and long-run performance of share returns following an Initial Public … Offering (IPO). However, the related issue of why companies seek to raise money through an IPO, or the factors that are … of companies that have recently undertaken an IPO; and (ii) interviews with managers and advisers who have been involved …

IPOs despite the Berlin market being more extensively regulated than the laissez faire London market. Moreover, the IPO …

markets in the countries of the Visegrad Four. IPO, also known as the "IPO" is the process of newly issued shares of the stock … markets. Development of the newly made IPO affects not only the development of stock markets, but also the development of the …

Long run returns of IPO firms’ recommendations in Europe reveal possible conflicts of interest and pressures faced by … better long run performance of IPO firms’ recommendations issued by affiliated analysts over the 2001-2005 period. Findings … the aftermarket. This result could suggest that the later is the recommendation made in the IPO aftermarket the weaker is …