Results 81 to 90 of about 35,089 (197)
Who knows what when? : the information content of pre-IPO market prices : [Version Mai 2004] [PDF]
To resolve the IPO underpricing puzzle it is essential to analyze who knows what when during the issuing process. In Germany, broker-dealers make a market in IPOs during the subscription period.
Löffler, Gunter +2 more
core
ABSTRACT Research Question/Issue The Voice versus Exit debate among institutional investors dissatisfied with corporate issuers remains narrowly framed: Academic inquiry is de facto limited to listed equities. This overlooks the role of governance in corporate financing, which due to refinancing cycles, represents a key lever for investors aiming to ...
Andreas G. F. Hoepner +1 more
wiley +1 more source
A Comparative Analysis of IPO Proceeds Under Alternative Regulatory Environments: A Comment. [PDF]
We clarify and reinterpret the results of Benveniste and Wilhelm (1990) concerning the effect of a uniform price restriction on the proceeds of an IPO.
Neil Brisley
core
Strategic Implications of Board Interlocks: A Literature Review and Future Research Agenda
ABSTRACT Research Question/Issue Board interlocks, stemming from directors' concurrent board appointments, have been viewed as a double‐edged sword that can generate both positive and negative effects, hinging on strategic outcomes and a multitude of contextual variables.
Joyce C. Wang
wiley +1 more source
reservedQuesta tesi si propone di ripercorrere la letteratura riguardante le strategie di prezzo e allocazione e di trattare l’interdipendenza tra esse nel processo di IPO attraverso il metodo del bookbuilding.
RAMPADO, ANDREA
core
ABSTRACT We examine whether and how mandatory non‐financial disclosure affects corporate cash holdings. Using a panel data set of Chinese A‐share listed firms from 2005 to 2012 and exploiting the introduction of mandatory corporate social responsibility (CSR) disclosure for a subset of firms as a quasi‐natural experiment, we find that firms subject to ...
Adrian Cheung, Tianpei Luo, Siwen Song
wiley +1 more source
Managing agency business groups, elite directors, and the rubber boom, 1897–1913
Abstract We identify a new organizational form, the Managing Agency Business Group (MABG), demonstrating how agency houses used interlocking directorships to build groups on the basis of commercial and plantation expertise to access finance on London stock markets and local capital markets in the pre‐1914 rubber boom.
David Higgins, Steven Toms
wiley +1 more source
Foundation governance for the purposeful ownership of enterprise
Abstract Foundation‐owned companies are regarded as real‐world examples of commitment to a company purpose, and several world‐class companies have this ownership structure. They have been found to perform surprisingly well, given the accountability and incentive problems anticipated by conventional economic theories when nonprofit organizations own ...
Terry McNulty, Steen Thomsen
wiley +1 more source
Abstract Contested business practices are often difficult to evaluate because they send multiple, often conflicting signals about their appropriateness. Some cues may suggest that a practice is useful, legal, or widely accepted, whereas others may suggest that it is risky, harmful, or socially opposed.
Sonia S. Siraz +2 more
wiley +1 more source
Use of proceeds disclosure and IPO Underpricing
reservedQuesta tesi ha l'obiettivo di indagare gli effetti della dichiarazione dell’"Utilizzo dei Proventi" delle Offerte Pubbliche Iniziali (IPO) pubblicata nei prospetti sull'underpricing iniziale.
COCCO, LISA
core

