Results 61 to 70 of about 22,624 (248)
, 2021 Initial Public Offering (IPO) merupakan kegiatan penawaran saham perdananya kepada masyarakat luas. Fenomena yang terjadi ketika akan melakukan IPO pada umumnya adalah underpricing.
Jhoni Gunawan, Tri Gunarsih
semanticscholar +1 more source
The Lifecycle of Typical IPOs: The Characteristics of Surviving Firms
Accounting &Finance, EarlyView.ABSTRACT This paper explores the dynamics of firm evolution by analysing the timing and sequencing of a firm's innovation, investment, financing and payout decisions following an IPO. We apply real options theory to analyse our sample that includes all IPOs listed on the NYSE, NYSE MKT and NASDAQ since 1976, categorised into surviving, voluntarily ...
Jennifer Gippel +4 more
wiley +1 more source
E-Jurnal Manajemen, 2017 Underpricing ialah harga saham perdana dibawah harga pasar atau harga saham pada pasar sekunder lebih tinggi daripada harga saham pada pasar perdana dimana investor tertarik untuk membeli.
I Putu Eddy Pratama Putra +1 more
doaj
Textual Information and IPO Underpricing: A Machine Learning Approach
Social Science Research Network, 2020 This study examines the predictive power of textual information from S-1 filings in explaining initial public offering (IPO) underpricing. The authors’ approach differs from previous research because they utilize several machine learning algorithms to ...
Apostolos G. Katsafados +5 more
semanticscholar +1 more source
Bank IPOs and Regulations: Cross‐Country Evidence
Financial Review, EarlyView.ABSTRACT The present paper investigates the effect of banking industry regulations on bank initial public offering (IPO) underpricing. We approach this question from both a micro‐level and macro‐level regulatory perspective. First, we conduct our analysis within a micro framework, focusing on the effect of disclosure rules on IPO underpricing.
Maria‐Eleni K. Agoraki +2 more
wiley +1 more source
Specification Tests for Jump‐Diffusion Models Based on the Characteristic Function
International Statistical Review, EarlyView.Summary Goodness‐of‐fit tests are suggested for several popular jump‐diffusion processes. The suggested test statistics utilise the marginal characteristic function of the model and its L2‐type discrepancy from an empirical counterpart. Model parameters are estimated either by minimising the aforementioned L2‐type discrepancy or by maximum likelihood ...
Gerrit Lodewicus Grobler +3 more
wiley +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 +4 more
wiley +1 more source
Factors Influencing IPO Underpricing in Poland
Acta Universitatis Lodziensis. Folia Oeconomica, 2020 We review the theory and evidence on IPO activity and underpricing focusing on the Warsaw Stock Exchange. Although the topic has been under investigation in the past, we believe that the recent decade of low interest rates deserves inquiry.
Przemysław Pomykalski, Piotr Filipiak
doaj +1 more source
Journal of Business Finance &Accounting, EarlyView.ABSTRACT We investigate whether and how investors’ experiences of natural disasters affect the cost of raising new equity in a setting of seasoned equity offerings (SEOs). Our proprietary database contains comprehensive information on geographical distribution, investor profiles, investor office location, and bidding specifics related to SEOs.
Shenghao Gao +3 more
wiley +1 more source
A Survey of Litigation in Corporate Finance [PDF]
, 2017 Purpose The purpose of this paper is to review research on litigation in corporate finance. Design/methodology/approach This paper surveys studies on the estimation of litigation risk, litigation costs, stock reaction to lawsuit announcement, and the ...
Arena, Matteo, Ferris, Stephen P
core +1 more source