Initial public offerings an international perspective

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Bibliographische Detailangaben
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Oxford Butterworth-Heinemann 2006
Schriftenreihe:Quantitative finance series
Schlagworte:
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Beschreibung
Beschreibung:After the cooling off of IPOs since the dot com bubble, Google has rekindled the fire for IPOs. This IPO reader contains new articles exclusive to this reader by leading academics from around the world dealing with quantitative and qualitative analyses of this increasingly popular and important area of finance. Articles address new methods of IPO performance, international IPOs, IPO evaluation, IPO underwriting, evaluation and bookbuilding. Although numerous articles are technical in nature, with econometric and statistical models, particular attention has been directed towards the understanding and the applicability of the results as well as theoretical development in this area. This reader will assist researchers, academics, and graduate students to further understand the latest research on IPOs. *Interest in IPOs is increasing again after the Google IPO, and IPOs are up significantly from last year *Chapters by well known academics provide an international perspective, describing research results from IPO data in countries spanning the globe *Research is based on real results from IPO data collected over the past 5-7 years
Part One -- Performance of IPOs -- 1 Nasdaq IPO around the market peak in 2000 -- 2Returns to style investments in Initial Public Offers -- 3 The long-run performance of Taiwans IPOs conditioning characteristics: evidence from efficiently learning markets -- Anlin Chen, Sue L. Chiou and Chinshun Wu -- 4 Short and long-run performance of IPOs traded on the Istanbul stock exchange -- Mehmet Orhan -- 5 Indexing the IPO sector with IPOX indices -- Josef A. Schuster -- 6 The size effect of firms going public on the Spanish capital market -- Susana Alvarez-Otero and Victor M. Gonzalez-Mendez -- 7 Earnings management and the lomg-run performance of Spanish inital public offerings -- Maria J. Pastor-LLorca and Francisco Poveda-Fuentes -- 8 IPO Intial returns on European new markets -- Giancarlo Giudici and Peter Roosenboom -- 9 Efficiency of U.S. Internet IPOs: a data envelopment analysis approach -- Greg N. Gregoriou and Maher Kooli -- Part Two --
- IPO Underpricing: International Evidence -- 10 Generalzing the winners curse hypothesis: the case of the Belgian IPO market -- Michel Boelen and Georges Hübner -- 11 Flipping activity in fixed offer price mechanism allocated IPOs -- Dimitrios Gounopoulos -- 12 Getting the IPO right: viva la France? -- Edel Barnes -- 13 Underpricing and the aftermarket performance of inital public offerings: the case of Austria -- Wolfgang Aussenegg -- 14 The hot-issue period in Germany-what factors drove IPO underpricing? -- Stefan Guenther and Marco Rummer -- 15 Reassessing Canadian IPO underpricing: evidence from common share, capital pool company and unit offering -- Maher Kooli -- 16 IPO Underpricing and ownership structure: evidence from the Istanbul stock exchange -- M. Banu Durukan -- Part Three -- Corporate Strucuture and IPO Evaluation -- 17 IPOs and earnings management in Germany -- Tereza Tykvova -- 18 Signaling and the valuation of IPOs: regression tests -- Steven Xiaofan Zheng --
- 19 The role of venture capitalists in IPO performance: emprical evidence from Germany -- Andreas Hack and Erik E. Lehmann -- 20 Ownership structure and intial public offerings in Portugal -- Još Miguel Almeida and Jôo Duque -- Part Four -- Bookbuilding, Listing and Underwriting -- 21 Bookbuilding and shre pre-allocation in IPOs -- Nancy Huyghebaert and Cynthia Van Hulle -- 22 Costs and benefits in the choice of the audit and underwriting qualitiy in the IPO market: an empirical analysis of competing theories -- Joseph Aharony, Ran Barniv and Chan-Jane Lin -- 23 Siamese Twins and Virtual Mergers: Dual Listed Companies in Australia -- Paul Ali -- 24 Equity issuance trends in Australias listed investment fund markets -- Martin Gold -- 25 Do underwriters create value for issuers by subjectively determining offer prices? -- Steve Dolvin
Includes bibliographical references and index
Beschreibung:1 Online-Ressource (xxiv, 437 p.)
ISBN:0080461670
0750679751
9780080461670
9780750679756