Results 51 to 60 of about 9,379 (192)

How does the creditor conflict affect bond IPO underpricing?

Journal of Finance and Data Science, 2021
In this paper, we find that the conflict of interest between loan holders and bondholders is positively related to bond IPO underpricing, which serves as a compensation to the initial bond investors.
Susheng Wang, Xinjie Wang, Yuan Wang, Xueying Zhang   +3 more
doaj   +1 more source

Market feedback, investment constraints, and managerial behavior [PDF]

, 2009
This paper examines the joint role of market feedback and investment constraints on managerial behavior. Using a sample of UK fixed price initial public offerings, we show that underperformance of share returns at the IPO significantly affects managerial
Hill, Paula C, Hillier, David
core   +1 more source

Disclosure Benchmarking by Lawyers: Evidence From the IPO Setting

Journal of Business Finance &Accounting, EarlyView.
ABSTRACT Lawyers play an important advisory role in drafting financial reports, yet empirical evidence documenting the influence of external legal counsel on this process remains sparse. This study focuses on a specific aspect of lawyers’ drafting process: the practice of reviewing disclosures previously filed by other issuers—a practice termed ...
Michael Drake, Jeff McMullin, Kenneth Merkley, Chase Potter, John Treu   +4 more
wiley   +1 more source

Corporate Hedging and IPO Underpricing in Türkiye

Siyasal: Journal of Political Sciences
The initial public offerings (IPO) phenomenon remains one of the most nebulous and sophisticated issues in the financial industry. Numerous studies in different countries provide significant evidence by addressing various aspects of underpricing of IPOs.
Yusuf Aytürk, Caner Akbaba
doaj   +1 more source

Determinants of Underpricing in Islamic and Non-Islamic Shares on IPO

Shirkah, 2020
This study aims at investigating the factors affecting the share’s underpricing in service companies of the Initial Public Offering (IPO) on the Indonesia Stock Exchange (IDX) covering the period from 2011 to 2017.
Vabila Ananta Setya, Indri Supriani, Bayu Arie Fianto   +2 more
doaj   +1 more source

Do CEOs With a Financial Background Matter for the Success of Newly Public Firms?

Journal of Business Finance &Accounting, Volume 53, Issue 1, Page 321-351, February 2026.
ABSTRACT We uncover strong evidence that newly public firms run by financial expert chief executive officers (CEOs) have a lower probability of involuntary delisting and a longer survival time in the aftermarket. This result is robust to alternative definitions of long‐term viability and endogeneity concerns.
Dimitrios Gounopoulos, Georgios Loukopoulos, Panagiotis Loukopoulos, Geoffrey Wood   +3 more
wiley   +1 more source

Underpricing And Herding Behaviour Ipo Stock In Covid-19 Pandemic At Indonesian Stock Exchange

Jurnal Economia
This study aims to empirically test whether there is underpricing and herding behavior in companies that have just IPO on the Indonesia Stock Exchange in 2020. The selection in 2020 is because the stock exchange experiences high trading volatility due to
Suramaya Suci Kewal, Yohanes Andri Putranto B   +1 more
doaj   +1 more source

Turkish IPOs in a changing regulatory and economic environment

Borsa Istanbul Review, 2022
The larger underpricing (15 percent) in the early years following the inauguration of Borsa Istanbul indicates the importance of investors, intermediaries, and firm insiders learning about the trading and pricing of firms in organized stock markets.
Başak Tanyeri, Belma Öztürkkal, Doğan Tırtıroğlu   +2 more
doaj   +1 more source

Navigating New Terrain: Domestic Geographical Dispersion and IPO Survival in the United States

Journal of Business Finance &Accounting, Volume 53, Issue 1, Page 352-379, February 2026.
ABSTRACT Using a text‐based measure to capture firms’ domestic geographic diversification within the United States, this study finds that newly listed firms with extensive geographic dispersion face an elevated risk of failure. This vulnerability is especially pronounced in industries dominated by soft information environments, where effective ...
Dimitrios Gounopoulos, Chen Huang, Yu Zhang   +2 more
wiley   +1 more source

Noise from online discussion forums: Evidence from IPOs in China

China Journal of Accounting Research, 2021
In this study, we use initial public offerings (IPOs) in China to investigate how online stock forums influence information asymmetry and IPO valuation. The empirical analysis isolates the underpricing and overvaluation components of initial returns. The
Qingqing Fei
doaj   +1 more source