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Risk, Timing and Overoptimism in Private Placements and Public Offerings

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  • Cécile Carpentier
  • Jean-François L'Her
  • Stephan Smith
  • Jean-Marc Suret

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  • Cécile Carpentier & Jean-François L'Her & Stephan Smith & Jean-Marc Suret, 2007. "Risk, Timing and Overoptimism in Private Placements and Public Offerings," CIRANO Working Papers 2007s-27, CIRANO.
    • Handle: RePEc:cir:cirwor:2007s-27
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    File URL: https://cirano.qc.ca/files/publications/2007s-27.pdf
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    Cited by:

    1. Cécile Carpentier & Jean-Marc Suret, 2009. "The Survival and Success of Canadian Penny Stock IPOs," CIRANO Working Papers 2007s-28, CIRANO.

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    More about this item

    Keywords

    Private placements; seasoned equity offerings; long-run performance; timing; overoptimism; risk; Placements privés; placements publics subséquents; performance à long terme; fenêtre d'opportunité; sur optimisme; risque;
    All these keywords.

    JEL classification:

    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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