Results 41 to 50 of about 17,176 (202)

Where is the missing value? Evidence from the game industry IPOs underpricing in Poland

International Journal of Management and Economics, 2022
The underpricing phenomenon on financial markets has long been the research subject in many financial areas – from neoclassical to behavioral finance. Once confirmed as a persistent pattern, it has begun an ongoing discussion as to its possible causes ...
Śliwiński Paweł, Ablewski Szymon, Gemra Kamil, Łukowski Michał   +3 more
doaj   +1 more source

Forgoing Nuclear: Nuclear Power Plant Closures and Carbon Emissions in the United States

Southern Economic Journal, EarlyView.
ABSTRACT This paper examines the effect of nuclear power plant decommissioning on electricity generation and carbon emissions in the United States. Using data on nuclear reactor closures in the United States between 1993 and 2022 and data on state‐level carbon emissions and electricity generation from the Energy Information Administration (EIA), this ...
Luke Petach
wiley   +1 more source

Relationship between Conservatism and Underpricing Initial Public Offerings in Tehran Stock Exchange [PDF]

مجله دانش حسابداری, 2014
This study investigates whether and how accounting conservatism impacts on underpricing the Initial Public Offerings (IPOs) in the Tehran Stock Exchange. The market-adjusted abnormal return of firms for the first trading month has been taken as proxy for
Sasan Mehrani, Mojteba Safipour Afshar
doaj   +1 more source

Has there always been underpricing and long-run underperformance? : IPOs in Germany before World War I [PDF]

, 2000
This paper provides empirical evidence on initial public offerings (IPOs) by investigating the pricing and long-run performance of IPOs using a unique data set collected on the German capital market before World War I.
Schlag, Christian, Wodrich, Anja
core  

The Meta Pricing Efficiency of Producer Cooperatives Under Hedonic Product Attributes: The Case of German Wine

Journal of Agricultural Economics, EarlyView.
ABSTRACT High internal coordination costs may put cooperatives at a disadvantage in the production and marketing of agri‐food products with hedonic quality attributes. The efficiency of cooperatives and non‐cooperatives is therefore compared with respect to their ability to place wines on the market at prices that reflect their measurable quality ...
Rebecca Hansen, Sebastian Hess
wiley   +1 more source

Misconduct complaints and agents’ incentives: Evidence from housing transactions

Real Estate Economics, EarlyView.
Abstract This article investigates the impact of misconduct complaints against agents on their self‐interested incentives and examines how agents attempt to shield themselves from the associated adverse effects on their reputations and career prospects.
Lawrence Kryzanowski, Yanting Wu
wiley   +1 more source

Real effects of stock underpricing

Journal of Financial Economics, 2012
This paper provides evidence for a causal eect of equity prices on corporate in- vestment and employment. We use …re sales by distressed equity funds during the 2007-2009 …nancial crisis to identify substantial exogenous underpricing. Firms whose stocks are most underpriced have considerably lower investment and em- ployment than industry peers not ...
Lai, SCS, Hau, H
openaire   +6 more sources

How much are you willing to pay to avoid lockdowns? Evidence from the real estate market

Real Estate Economics, EarlyView.
Abstract In response to the COVID‐19 pandemic, numerous countries implemented lockdowns. In Victoria, Australia, a unique two‐tier system was employed, segregating areas with a Ring of Steel boundary and imposing additional restrictions within. This study focuses on the impact of lockdowns on housing prices and rents, exploring whether people are ...
Jian Liang, Chyi Lin Lee, Qiang Li
wiley   +1 more source

Moderating Effects of Founders’ Role on the Influence of Internationalization on IPO Performance of Listed Companies in Thailand

International Journal of Financial Studies, 2021
Previous research suggests that internationalization affects initial public offering (IPO) performance in the short term, but it less is known about the founders’ role in the relationship between internationalization and IPO performance.
Tharitsaya Kongkaew, Supa Tongkong, Sungworn Ngudgratoke   +2 more
doaj   +1 more source

Does Investors’ Information‐acquisition Ability Affect IPO Underpricing? Evidence from a Quasi‐natural Experiment

Abacus, EarlyView.
Initial public offering (IPO) underpricing, driven by information asymmetry, is a prevalent and serious global phenomenon. In addition to the influence of information providers such as IPO firms, investors’ ability to acquire information may also significantly affect IPO underpricing.
Haipeng Yu, Xiaoke Cheng, Caiyue Ouyang, Wenxia Ge   +3 more
wiley   +1 more source