Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 15 of 15 for “"initial Public Offering (IPO)"”.
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The role of investment banker reputation in initial public offerings : evidence from the NASDAQ bubble era
The certification role of investment banks in the initial public offering (IPO) market has been well documented. Extant literature reports a negative relationship between the prestige of the investment banker and both the first-day price run-up (Carter and Manaster (1990) and long run performance …
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IPO valuation and performance: evidence from the UK main market
Selling stock to the general public is one important method by which firms are able to raise new equity capital. If the firm sells stock for the first time to the general public, it is called an initial public offering (IPO). Subsequent to the IPO, firms may seek to raise further equity capital by …
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Are voluntary internal controls-related audit report disclosures informative in IPOs?
Initial public offering (IPO) companies are exempt from Section 404 of the Sarbanes-Oxley Act of 2002, leaving investors to assess the quality of an IPO company’s internal controls, which affect the quality of management-provided financial information, without an opinion on internal controls …
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Acquisition of medical device start-ups
… and look for "exits" through either an Initial Public Offering (IPO) or through the sale of the start-up to an established firm. Corporations are also involved in varying degrees in early venture investments, through what is sometimes called Corporate Venture Capital (CVC), mainly for …
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The First Sign: Detecting Future Financial Fraud from the IPO Prospectus
… the lexical cues embedded within a firm’s first public disclosure, the Management’s Discussion and Analysis section of the S-1 filing, during the Initial Public Offering process. I use this measure to predict whether a firm that is not already committing fraud will commit fraud within five years …
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Corporate governance, professionalisation and performance of IPO firms. The role of founders and venture capitalists.
… shape the governance system of the firms going public and are influential in the professionalisation of the ventures especially in terms of human and social capital of its board of directors. It also argues that the board of directors represents a signal of firm quality in the initial public …
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Essays in Corporate Equity Transactions
… concerns an equity issuing transaction, the initial public offering (IPO), and specifically lockups, which restrict sales by pre-IPO shareholders. We improve upon the methodology for testing theory related to lockup length through the use of a multinomial logit as well as explore the reasons …
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Implications of investment banks’ reputation and specialisation on initial public offerings and corporate takeovers
… outcomes of mergers and acquisitions (M&A) and initial public offering (IPO) settings. With regards to M&A settings, we study the impact of top-tier and boutique investment banks acting as financial advisors on the acquirer’s announcement returns and the deal’s time to resolution. Regarding IPO …
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ESSAYS ON FINANCIAL INTERMEDIARIES IN CAPITAL MARKET
… and share investment opinions. I employ initial public offering (IPO) as a laboratory setting because during pre-IPO period, a period with high information asymmetry, professional sell-side analysts are restricted to issue reports under the restriction enforced by SEC, which provides a …
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Internal Capital, External Knowledge, and Random Draws: Three Drivers of Organizational Structure
… In Chapter 3, I use novel data on 1,265 newly-public firms to show that innovative firms exposed to environments with lower M&A activity just after their initial public offering (IPO) adapt by engaging in fewer technological acquisitions and</p><p>more internal research. However, this adaptive …
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The impact of credit rating watchlist and effect of underwriter reputation on IPO underpricing
… how an issuer matches with an underwriter for an initial public offering (IPO). The study focuses on the issuer's preference over underwriter reputation. From GLM with fixed effects, we find that the issuer tends to choose a high-reputation underwriter when the IPO's expected offer size is large, …
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Entrepreneurial external resource acquisition and exit via IPO
… entrepreneurial finance and exit strategies via IPO. Three quantitative studies have been conducted based on a dataset of entrepreneurial firms listed for the first time in the London Stock Exchange (LSE) between 2002 and 2012. Initial Public Offering (IPO), as a major event for external resource …
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Two Essays on the Probability of Informed Trading
… influences the secondary market liquidity for initial public offerings (IPOs). Specifically, I argue that co-managers improve the liquidity of IPOs through the other services they provide, besides market making. Using a comprehensive sample of initial public offerings completed between January …
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On the Analysis of Firm Value and Idiosyncratic Volatility
… of agency cost, valuation of the underpricing in IPOs and the idiosyncratic volatility of public firms. In Chapter 1, I briefly introduce three topics studied in my dissertation. In addition, I summarized the stochastic frontier model which is employed in the study of valuation of agency cost and …
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Realizace a hodnocení primárních emisí akcií na českém kapitálovém trhu
… mapuje cestu podniku od prvotního rozhodnutí o IPO až po zahájení obchodování. V teoretické části jsou definovány principy, fáze, výhody a nevýhody veřejné nabídky. Praktická část srovnává emise na trzích Prime, Standard a START. Sleduje se zejména finanční kondice před vstupem, průběh úpisu a …