flutter
发表于 2025-3-23 10:08:11
high initial returns to equityIPOs in the United States and other free-market economies. ..Audience:. Designed for use by anyone wishing to perform furtheracademic research in the area of IPOs and by those practitionersinterested in IPOs as investment vehicles.978-1-4613-5969-2978-1-4615-2295-9
KIN
发表于 2025-3-23 17:42:07
n understanding of how IPOs work is fundamentalto an understanding of financial markets generally. Of particularinterest is the puzzling existence of high initial returns to equityIPOs in the United States and other free-market economies. ..Audience:. Designed for use by anyone wishing to perform fu
Middle-Ear
发表于 2025-3-23 21:54:23
Book 1995nding of how IPOs work is fundamentalto an understanding of financial markets generally. Of particularinterest is the puzzling existence of high initial returns to equityIPOs in the United States and other free-market economies. ..Audience:. Designed for use by anyone wishing to perform furtheracade
体贴
发表于 2025-3-23 23:20:17
Initial Public Offerings: An Introduction,raise monies more readily than by the retention of profits. Other possible motivations for an IPO include the prestige of ownership of a public company or the desire of major shareholders to exit the company.
宴会
发表于 2025-3-24 05:17:20
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AWE
发表于 2025-3-24 07:55:17
Empirical Findings,s and not easily explainable using theories at that time. In particular the studies report evidence of consistent underpricing of new issues resulting in significant shortterm returns which often evaporate over time. Such results are inconsistent with efficient markets and with effective information
fulcrum
发表于 2025-3-24 12:35:32
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古代
发表于 2025-3-24 18:24:29
Testing Theories of Underpricing,adverse selection, principal-agent relationships, and signalling by issuers — all suggest that underpricing arises as a rational, equilibrium response to some important informational asymmetry between market participants. Additionally, some competing “heterodox” explanations, such as those proposed
有其法作用
发表于 2025-3-24 19:34:45
Conclusion,ew firm is able to acquire that capital necessary for firm growth and product innovation. Equity financing may be particularly attractive for “high risk” entrepreneurial ventures, and such enterprises represent an important motive force of economic development.
dandruff
发表于 2025-3-24 23:41:29
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