Results 131 to 140 of about 152,620 (261)
The Determinants of Management Forecasts Error and the Ipo Underpricing: a Case Study of Indonesian Ipo [PDF]
, 2011 To reduce the well-known information asymmetry in the IPO market, the issuing firms are required to publish offering prospectuses. One type of information disclosed in the prospectus is the management financial forecasts in which the IPO firms predict ...
Ekaputra, I. A. (Irwan) +2 more
core
Is There an Industry Effect of SPAC Merger Announcements?
European Financial Management, EarlyView.ABSTRACT This study investigates whether SPAC merger announcements affect the target firms' industry rivals. Using a sample of 468 SPAC mergers from 2016 to 2023, the results indicate that rival firms experience significant negative abnormal returns, especially around smaller and riskier deals that yield lower announcement returns for SPACs. Additional
Carene Boucher
wiley +1 more source
China Accounting and Finance ReviewBased on the textual-analyzed data covering 2148 IPO firms in China’s stock market during the 2007–2018 period, the authors’ purpose is to examine the influence of anti-takeover provision (ATP) adoption on initial public offerings (IPO) underpricing and ...
Kejing Chen +4 more
doaj +1 more source
A Fully-Rational Liquidity-Based Theory of IPO Underpricing and Underperformance [PDF]
I present a fully-rational symmetric-information model of an IPO, as well as a dynamic imperfectly competitive model of the aftermarket trading that follows. The model helps explain why IPO share allocations favor large institutional investors.
Matt Pritsker
core
Getting Past the “Entrepreneurial Growth Ceiling”: A Longitudinal Study of IPO Firm Growth Through Solution Driven Strategies [PDF]
, 1998 In this paper we introduce a concept that we call the Entrepreneurial Growth Ceiling (EGC). We develop arguments that new venture IPOs hit the EGC prior to their IPO, and the ceiling is part of the impetus for going public.
Meyer, G. Dale +2 more
core +1 more source
Do Major Customers Affect Firms' Environmental, Social and Governance Activities?
European Financial Management, EarlyView.ABSTRACT We examine the role of major customers in shaping firms' environmental, social and governance (ESG) practices. We find that firms with major customer relationships undertake fewer ESG activities compared to those without such ties. The association is attenuated when institutional ownership is high, firms are less diversified, customers exhibit
Feng Dong +4 more
wiley +1 more source
IPOs cycle and investment in high-tech industries [PDF]
, 2003 This paper analyses the effects of the Initial Public Offering (IPO) market on real investment decisions in emerging industries. We first propose a model of IPO timing based on divergence of opinion among investors and short-sale constraints.
Bouis, Romain
core
The Spillover Effect of Media Ownership on Mainstream Media Discourse
Financial Management, EarlyView.ABSTRACT This article investigates the spillover effect of a firm's media ownership on reporting by unaffiliated mainstream media outlets, using a sample of Chinese publicly listed firms. We find that firms with ownership stakes in media companies receive more coverage and more positive tones from unaffiliated mainstream media outlets than other firms ...
Xin Yu, Shijun Guo, Robert Faff
wiley +1 more source
BBR: Brazilian Business Review, 2007 Os gerentes fazem uso do fato de que as ofertas públicas iniciais (OPIs ou IPOs - Initial Public Offerings) são eventos discricionários para selecionar a hora de se tornar público, causando ciclos nos mercados de novas emissões.
João Batista Amorim Toniato
doaj