CEO overconfidence and long‐term performance following R&D increases
SS Chen, KY Ho, PH Ho - Financial Management, 2014 - Wiley Online Library
We examine the relation between Chief Executive Officer (CEO) overconfidence and
significant increases in research and development (R&D) expenditures. Although prior …
significant increases in research and development (R&D) expenditures. Although prior …
The impact of shareholders and creditors rights on IPO performance: An international study
This paper examines the impact of cross-country variation in shareholders' and debt holders'
rights on post-IPO performance and survival of newly listed stocks across the globe. Using a …
rights on post-IPO performance and survival of newly listed stocks across the globe. Using a …
Further evidence on long-run abnormal returns after corporate events
This paper investigates abnormal standardized returns (ASRs) after major corporate events.
Dutta, Knif, Kolari, and Pynnonen (2018) have shown that the ASR t-test has superior size …
Dutta, Knif, Kolari, and Pynnonen (2018) have shown that the ASR t-test has superior size …
[BOOK][B] Underwriting services and the new issues market
GJ Papaioannou, AK Karagozoglu - 2017 - books.google.com
Underwriting Services and the New Issues Market integrates practice, theory and evidence
from the global underwriting industry to present a comprehensive description and analysis of …
from the global underwriting industry to present a comprehensive description and analysis of …
Option-implied lottery demand and IPO returns
M Dierkes, J Krupski, S Schroen - Journal of Economic Dynamics and …, 2022 - Elsevier
We study the impact of time-varying lottery demand on first-day returns and the poor long-
term performance of IPOs. Lottery demand–measured in terms of option-implied probability …
term performance of IPOs. Lottery demand–measured in terms of option-implied probability …
Long goodbyes: Why do private equity funds hold onto public equity?
T Jenkinson, H Jones, C Rauch - Available at SSRN 3753480, 2023 - papers.ssrn.com
We analyze how private equity funds (GPs) sell down their stakes in companies they take
public. GPs earn private equity management fees and carried interest on public equity …
public. GPs earn private equity management fees and carried interest on public equity …
Global diversification and IPO returns
A large number of newly listed firms have significant involvement in international business
activity. In this paper, we examine the effect of international business activity on the pricing of …
activity. In this paper, we examine the effect of international business activity on the pricing of …
New institutional investors in the IPO secondary market: Sentiment or fundamentals?
We investigate new institutional investors that do not receive initial public offering (IPO)
allocations but invest in the newly public firms after IPOs. We find that many institutions buy …
allocations but invest in the newly public firms after IPOs. We find that many institutions buy …
Directors' dealing and post‐IPO performance
We use a unique mainly hand‐collected dataset to assess the impact of directors' trades on
IPOs' long‐term returns. We find that IPOs where directors are net sellers are more likely to …
IPOs' long‐term returns. We find that IPOs where directors are net sellers are more likely to …
Long-run price and operating performance of initial public offerings in Borsa Istanbul
SB Avci - Business and Economics Research Journal, 2021 - ceeol.com
This study investigates long-run price and operating performance of initial public offerings
(IPOs) in Borsa Istanbul. The sample period of the analysis is between 2010 and 2019 …
(IPOs) in Borsa Istanbul. The sample period of the analysis is between 2010 and 2019 …