Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey
This paper explores the motives for Initial Public Offerings (IPOs); that is, whether market mispricing or the behavioral inclinations of investors and analysts impact corporate decisions about rising equity, with a particular focus on market and corporate timing practices of managers going public....
Gespeichert in:
| Veröffentlicht in: | International Journal of Management and Economics 2014-11, Vol.42 (1), p.30-39 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 39 |
|---|---|
| container_issue | 1 |
| container_start_page | 30 |
| container_title | International Journal of Management and Economics |
| container_volume | 42 |
| creator | Szyszka, Adam |
| description | This paper explores the motives for Initial Public Offerings (IPOs); that is, whether market mispricing or the behavioral inclinations of investors and analysts impact corporate decisions about rising equity, with a particular focus on market and corporate timing practices of managers going public. To do so, an anonymous survey was conducted of 166 managers of firms that recently went public at the Warsaw Stock Exchange in Poland (being the second most active IPO market in Europe, after London). The resulting data reveals that managers attempt to time bullish markets and good historical corporate financial results. |
| doi_str_mv | 10.2478/ijme-2014-0041 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_doaj_</sourceid><recordid>TN_cdi_proquest_journals_3156385233</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><doaj_id>oai_doaj_org_article_fb54a55c9e13424cbeffcbd2527f0a33</doaj_id><sourcerecordid>3156385233</sourcerecordid><originalsourceid>FETCH-LOGICAL-c355t-c36c1e2fd513bafa078f04dd6ed97f6e54bd5df6387a9695132c8d1aebbc50f53</originalsourceid><addsrcrecordid>eNpNkdtLAkEUxpcoSMzXngd6XpvrrvsUollCYZA-D3M5I2O6YzNr4H_frkb4cm585zsHfll2T_CQ8nL06Dc7yCkmPMeYk6usR2lV5VWJyfVFfZsNUvIa00JUheC0l-mZMk2ICc1rtz1AbXy9RvOPBZqC8cmHOg3RNKBJiPsQVQPoXdVqDe3CKnVN_IIGqdpeKJZ-15o8oTH6PMQfON5lN05tEwz-cj9bzZ6Xk9f8bfEyn4zfcsOEaNpYGALUWUGYVk7hcuQwt7YAW5WuAMG1FdYVbFSqqqhaFTUjSxRobQR2gvWz-dnXBrWR--h3Kh5lUF6eBiGupYqNN1uQTguuhDAVEMYpNxqcM9pSQUuHFWOt18PZax_D9wFSIzfhEOv2fcmIaH8Q9KQanlUmhpQiuP-rBMsOi-ywyA6L7LCwX784gLo</addsrcrecordid><sourcetype>Open Website</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>3156385233</pqid></control><display><type>article</type><title>Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey</title><source>De Gruyter Open Access Journals</source><creator>Szyszka, Adam</creator><creatorcontrib>Szyszka, Adam</creatorcontrib><description>This paper explores the motives for Initial Public Offerings (IPOs); that is, whether market mispricing or the behavioral inclinations of investors and analysts impact corporate decisions about rising equity, with a particular focus on market and corporate timing practices of managers going public. To do so, an anonymous survey was conducted of 166 managers of firms that recently went public at the Warsaw Stock Exchange in Poland (being the second most active IPO market in Europe, after London). The resulting data reveals that managers attempt to time bullish markets and good historical corporate financial results.</description><identifier>ISSN: 2299-9701</identifier><identifier>EISSN: 2299-9701</identifier><identifier>EISSN: 2543-5361</identifier><identifier>DOI: 10.2478/ijme-2014-0041</identifier><language>eng</language><publisher>Warsaw: De Gruyter Poland</publisher><subject>behavioral corporate fnance ; g32 ; g34 ; going public ; ipo ; managerial biases</subject><ispartof>International Journal of Management and Economics, 2014-11, Vol.42 (1), p.30-39</ispartof><rights>2014. This work is published under http://creativecommons.org/licenses/by-nc-nd/3.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c355t-c36c1e2fd513bafa078f04dd6ed97f6e54bd5df6387a9695132c8d1aebbc50f53</citedby></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,27903,27904</link.rule.ids></links><search><creatorcontrib>Szyszka, Adam</creatorcontrib><title>Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey</title><title>International Journal of Management and Economics</title><description>This paper explores the motives for Initial Public Offerings (IPOs); that is, whether market mispricing or the behavioral inclinations of investors and analysts impact corporate decisions about rising equity, with a particular focus on market and corporate timing practices of managers going public. To do so, an anonymous survey was conducted of 166 managers of firms that recently went public at the Warsaw Stock Exchange in Poland (being the second most active IPO market in Europe, after London). The resulting data reveals that managers attempt to time bullish markets and good historical corporate financial results.</description><subject>behavioral corporate fnance</subject><subject>g32</subject><subject>g34</subject><subject>going public</subject><subject>ipo</subject><subject>managerial biases</subject><issn>2299-9701</issn><issn>2299-9701</issn><issn>2543-5361</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2014</creationdate><recordtype>article</recordtype><sourceid>BENPR</sourceid><sourceid>DOA</sourceid><recordid>eNpNkdtLAkEUxpcoSMzXngd6XpvrrvsUollCYZA-D3M5I2O6YzNr4H_frkb4cm585zsHfll2T_CQ8nL06Dc7yCkmPMeYk6usR2lV5VWJyfVFfZsNUvIa00JUheC0l-mZMk2ICc1rtz1AbXy9RvOPBZqC8cmHOg3RNKBJiPsQVQPoXdVqDe3CKnVN_IIGqdpeKJZ-15o8oTH6PMQfON5lN05tEwz-cj9bzZ6Xk9f8bfEyn4zfcsOEaNpYGALUWUGYVk7hcuQwt7YAW5WuAMG1FdYVbFSqqqhaFTUjSxRobQR2gvWz-dnXBrWR--h3Kh5lUF6eBiGupYqNN1uQTguuhDAVEMYpNxqcM9pSQUuHFWOt18PZax_D9wFSIzfhEOv2fcmIaH8Q9KQanlUmhpQiuP-rBMsOi-ywyA6L7LCwX784gLo</recordid><startdate>20141120</startdate><enddate>20141120</enddate><creator>Szyszka, Adam</creator><general>De Gruyter Poland</general><general>Sciendo</general><scope>AAYXX</scope><scope>CITATION</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>PIMPY</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>DOA</scope></search><sort><creationdate>20141120</creationdate><title>Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey</title><author>Szyszka, Adam</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c355t-c36c1e2fd513bafa078f04dd6ed97f6e54bd5df6387a9695132c8d1aebbc50f53</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2014</creationdate><topic>behavioral corporate fnance</topic><topic>g32</topic><topic>g34</topic><topic>going public</topic><topic>ipo</topic><topic>managerial biases</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Szyszka, Adam</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Publicly Available Content Database</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>DOAJ Directory of Open Access Journals</collection><jtitle>International Journal of Management and Economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Szyszka, Adam</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey</atitle><jtitle>International Journal of Management and Economics</jtitle><date>2014-11-20</date><risdate>2014</risdate><volume>42</volume><issue>1</issue><spage>30</spage><epage>39</epage><pages>30-39</pages><issn>2299-9701</issn><eissn>2299-9701</eissn><eissn>2543-5361</eissn><abstract>This paper explores the motives for Initial Public Offerings (IPOs); that is, whether market mispricing or the behavioral inclinations of investors and analysts impact corporate decisions about rising equity, with a particular focus on market and corporate timing practices of managers going public. To do so, an anonymous survey was conducted of 166 managers of firms that recently went public at the Warsaw Stock Exchange in Poland (being the second most active IPO market in Europe, after London). The resulting data reveals that managers attempt to time bullish markets and good historical corporate financial results.</abstract><cop>Warsaw</cop><pub>De Gruyter Poland</pub><doi>10.2478/ijme-2014-0041</doi><tpages>10</tpages><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 2299-9701 |
| ispartof | International Journal of Management and Economics, 2014-11, Vol.42 (1), p.30-39 |
| issn | 2299-9701 2299-9701 2543-5361 |
| language | eng |
| recordid | cdi_proquest_journals_3156385233 |
| source | De Gruyter Open Access Journals |
| subjects | behavioral corporate fnance g32 g34 going public ipo managerial biases |
| title | Factors Influencing IPO Decisions. Do Corporate Managers Use Market and Corporate Timing? A Survey |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-27T13%3A27%3A44IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_doaj_&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Factors%20Influencing%20IPO%20Decisions.%20Do%20Corporate%20Managers%20Use%20Market%20and%20Corporate%20Timing?%20A%20Survey&rft.jtitle=International%20Journal%20of%20Management%20and%20Economics&rft.au=Szyszka,%20Adam&rft.date=2014-11-20&rft.volume=42&rft.issue=1&rft.spage=30&rft.epage=39&rft.pages=30-39&rft.issn=2299-9701&rft.eissn=2299-9701&rft_id=info:doi/10.2478/ijme-2014-0041&rft_dat=%3Cproquest_doaj_%3E3156385233%3C/proquest_doaj_%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=3156385233&rft_id=info:pmid/&rft_doaj_id=oai_doaj_org_article_fb54a55c9e13424cbeffcbd2527f0a33&rfr_iscdi=true |