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Insider Ownership and the Decision to Go Public

Citations

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Cited by:

  1. Itzhak Gilboa & David Schmeidler, 2003. "Inductive Inference: An Axiomatic Approach," Econometrica, Econometric Society, vol. 71(1), pages 1-26, January.
  2. Pérez-Soba, Inés & Martínez-Cañete, Ana R. & Márquez–de-la-Cruz, Elena, 2021. "Private benefits from control block trades in the Spanish stock exchange," The North American Journal of Economics and Finance, Elsevier, vol. 56(C).
  3. Nicodano, Giovanna & Regis, Luca, 2019. "A trade-off theory of ownership and capital structure," Journal of Financial Economics, Elsevier, vol. 131(3), pages 715-735.
  4. Castaneda, Gonzalo, 2006. "Economic growth and concentrated ownership in stock markets," Journal of Economic Behavior & Organization, Elsevier, vol. 59(2), pages 249-286, February.
  5. Jerry Cao, 2013. "Private equity, RLBOs and IPO performance," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 18, pages 375-399, Edward Elgar Publishing.
  6. Franco A. Grassini, 2001. "La gouvernance des entreprises en Italie: un exemple de non-convergence?," Revue Finance Contrôle Stratégie, revues.org, vol. 4(3), pages 147-182, September.
  7. Bing Guo & Yun Lou & David Pérez‐Castrillo, 2015. "Investment, Duration, and Exit Strategies for Corporate and Independent Venture Capital‐Backed Start‐Ups," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(2), pages 415-455, June.
  8. Cornelli, Francesca & Felli, Leonardo, 1997. "Ex-ante efficiency of bankruptcy procedures," European Economic Review, Elsevier, vol. 41(3-5), pages 475-485, April.
  9. Baxamusa, Mufaddal & Jalal, Abu, 2018. "Industry networks and IPO waves," Journal of Banking & Finance, Elsevier, vol. 88(C), pages 129-146.
  10. Goergen, M. & Renneboog, L.D.R., 2003. "Insider retention and long-run performance in German and UK IPO's," Discussion Paper 16, Tilburg University, Tilburg Law and Economic Center.
  11. Burkart, Mike & Panunzi, Fausto, 2006. "Agency conflicts, ownership concentration, and legal shareholder protection," Journal of Financial Intermediation, Elsevier, vol. 15(1), pages 1-31, January.
  12. Larrain, Borja & Urzúa I., Francisco, 2013. "Controlling shareholders and market timing in share issuance," Journal of Financial Economics, Elsevier, vol. 109(3), pages 661-681.
  13. Bernard Yeung & Randall Morck & Daniel Wolfenzon, 2004. "Corporate Governance, Economic Entrenchment and Growth," Working Papers 04-21, New York University, Leonard N. Stern School of Business, Department of Economics.
  14. Maghyereh, Aktham I. & Awartani, Basel, 2018. "The factors influencing the decision to list on Abu Dhabi securities exchange," Journal of Behavioral and Experimental Finance, Elsevier, vol. 19(C), pages 89-103.
  15. David B. Audretsch & Erik E. Lehmann, 2013. "Corporate governance in newly listed companies," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 9, pages 179-206, Edward Elgar Publishing.
  16. Colak, Gonul & Fu, Mengchuan & Hasan, Iftekhar, 2020. "Why are some Chinese firms failing in the US capital markets? A machine learning approach," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
  17. Durufle, Gilles & Hellmann, Thomas F & Wilson, Karen, 2017. "From Start-up to Scale-up: Examining Public Policies for the Financing of High-Growth Ventures," CEPR Discussion Papers 12004, C.E.P.R. Discussion Papers.
  18. Bennedsen, Morten & Nielsen, Kasper Meisner, 2010. "Incentive and entrenchment effects in European ownership," Journal of Banking & Finance, Elsevier, vol. 34(9), pages 2212-2229, September.
  19. Arturo Bris & Salvatore Cantale & George P. Nishiotis, 2007. "A Breakdown of the Valuation Effects of International Cross‐listing," European Financial Management, European Financial Management Association, vol. 13(3), pages 498-530, June.
  20. Desai, Mihir A. & Dyck, Alexander & Zingales, Luigi, 2007. "Theft and taxes," Journal of Financial Economics, Elsevier, vol. 84(3), pages 591-623, June.
  21. Helbing, Pia, 2019. "A review on IPO withdrawal," International Review of Financial Analysis, Elsevier, vol. 62(C), pages 200-208.
  22. Marc Goergen & Arif Khurshed & Ram Mudambi, 2006. "The Strategy of Going Public: How UK Firms Choose Their Listing Contracts," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 33(1‐2), pages 79-101, January.
  23. Evgeny Lyandres & Fangjian Fu & Erica X. N. Li, 2018. "Do Underwriters Compete in IPO Pricing?," Management Science, INFORMS, vol. 64(2), pages 925-954, February.
  24. Arturo Bris & Ivo Welch, 2005. "The Optimal Concentration of Creditors," Journal of Finance, American Finance Association, vol. 60(5), pages 2193-2212, October.
  25. Yin‐Hua Yeh & Pei‐Gi Shu & Re‐Jin Guo, 2008. "Ownership Structure and IPO Valuation—Evidence from Taiwan," Financial Management, Financial Management Association International, vol. 37(1), pages 141-161, March.
  26. Gian Luca Clementi, "undated". "Ipos and The Growth of Firms," GSIA Working Papers 2002-E8, Carnegie Mellon University, Tepper School of Business.
  27. Francesca Cornelli & Leonardo Felli, "undated". "Revenue Efficiency and Change of Control: The Case of Bankruptcy," Rodney L. White Center for Financial Research Working Papers 18-98, Wharton School Rodney L. White Center for Financial Research.
  28. Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert Vishny, 1999. "Investor Protection and Corporate Valuation," Harvard Institute of Economic Research Working Papers 1882, Harvard - Institute of Economic Research.
  29. Lehmann, Erik, 2018. "Corporate governance," UO Working Papers 01-18, University of Augsburg, Chair of Management and Organization.
  30. repec:hrv:faseco:30747191 is not listed on IDEAS
  31. Bill Francis & Iftekhar Hasan & Dona Siregar, 2009. "The choice of IPO versus M&A: evidence from banking industry," Applied Financial Economics, Taylor & Francis Journals, vol. 19(24), pages 1987-2007.
  32. Pak Hung Au & Yuk‐Fai Fong & Jin Li, 2020. "Negotiated Block Trade And Rebuilding Of Trust," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(2), pages 901-939, May.
  33. Reiff, Annika & Tykvová, Tereza, 2021. "IPO withdrawals: Are corporate governance and VC characteristics the guiding light in the rough sea of volatile markets?," Journal of Corporate Finance, Elsevier, vol. 67(C).
  34. Pietro Panzarasa & Nicholas R. Jennings & Timothy J. Norman, 2001. "Going Public and the Sale of Shares with Heterogeneous Investors: Agent‐Based Computational Modelling and Computer Simulations," Group Decision and Negotiation, Springer, vol. 10(5), pages 423-470, September.
  35. Wolf Wagner, 2010. "Divestment, Entrepreneurial Incentives, and the Life Cycle of the Firm," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 37(5-6), pages 591-611.
  36. Ehrhardt, Olaf & Lahr, Henry, 2008. "Uncertain private benefits and the decision to go public," CEFS Working Paper Series 2008-02, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
  37. Cirillo, Alessandro & Mussolino, Donata & Romano, Mauro & Viganò, Riccardo, 2017. "A complicated relationship: Family involvement in the top management team and post-IPO survival," Journal of Family Business Strategy, Elsevier, vol. 8(1), pages 42-56.
  38. Loyola, Gino & Portilla, Yolanda, 2020. "Optimal ownership structure and monitoring in entrepreneurial firms," Finance Research Letters, Elsevier, vol. 33(C).
  39. Renée Birgit Adams & Francesca Cornelli & Leonardo Felli, 2012. "How to Sell a (Bankrupt) Company," International Review of Finance, International Review of Finance Ltd., vol. 12(2), pages 197-226, June.
  40. Lee, Chien-Chiang & Ning, Shaolin & Hsieh, Meng-Fen & Lee, Chi-Chuan, 2020. "The going-public decision and rent-seeking activities: Evidence from Chinese private companies," Economic Systems, Elsevier, vol. 44(1).
  41. Ayyagari, Meghana & Demirguc-Kunt, Asli & Maksimovic, Vojislav, 2012. "Financing of firms in developing countries : lessons from research," Policy Research Working Paper Series 6036, The World Bank.
  42. Mike Burkart & Denis Gromb & Holger M. Mueller & Fausto Panunzi, 2014. "Legal Investor Protection and Takeovers," Journal of Finance, American Finance Association, vol. 69(3), pages 1129-1165, June.
  43. Dalkır, Elif & Dalkır, Mehmet, 2014. "On the optimality of partial tender offers," Journal of Economic Theory, Elsevier, vol. 151(C), pages 561-570.
  44. Sergey Stepanov, 2012. "Takeovers under Asymmetric Information: Block Trades and Tender Offers in Equilibrium," Working Papers w0185, Center for Economic and Financial Research (CEFIR).
  45. Susan Thomas, 2017. "Response of Firms to Listing: Evidence from SME Exchanges," Working Papers id:12295, eSocialSciences.
  46. Gleason, Kimberly C. & Rosenthal, Leonard & Wiggins III, Roy A., 2005. "Backing into being public: an exploratory analysis of reverse takeovers," Journal of Corporate Finance, Elsevier, vol. 12(1), pages 54-79, December.
  47. Parigi, Bruno M. & Pelizzon, Loriana, 2008. "Diversification and ownership concentration," Journal of Banking & Finance, Elsevier, vol. 32(9), pages 1743-1753, September.
  48. Franck Bancel & Usha R. Mittoo, 2009. "Why Do European Firms Go Public?," European Financial Management, European Financial Management Association, vol. 15(4), pages 844-884, September.
  49. Silvio Vismara & Stefano Paleari & Jay R. Ritter, 2012. "Europe's Second Markets for Small Companies," European Financial Management, European Financial Management Association, vol. 18(3), pages 352-388, June.
  50. Wagner, W.B., 2002. "Divestment, Entrepreneurial Incentives and the Decision to go Public," Discussion Paper 2002-47, Tilburg University, Center for Economic Research.
  51. Wei Shen & Richard Gentry, 2014. "A cyclical view of the relationship between corporate governance and strategic management," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(4), pages 959-973, November.
  52. Brennan, M. J. & Franks, J., 1997. "Underpricing, ownership and control in initial public offerings of equity securities in the UK," Journal of Financial Economics, Elsevier, vol. 45(3), pages 391-413, September.
  53. Cumming, Douglas & Johan, Sofia Atiqah binti, 2008. "Preplanned exit strategies in venture capital," European Economic Review, Elsevier, vol. 52(7), pages 1209-1241, October.
  54. MATSUDA Naoko & MATSUO Yutaka, 2014. "Governing Board Interlocks and Probability of an IPO," Discussion papers 14040, Research Institute of Economy, Trade and Industry (RIETI).
  55. Julien Le Maux, 2003. "Les bénéfices privés:une rupture de l'égalité entre actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 6(1), pages 63-92, March.
  56. La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei & Vishny, Robert, 2000. "Investor protection and corporate governance," Journal of Financial Economics, Elsevier, vol. 58(1-2), pages 3-27.
  57. Michael Ewens & Joan Farre-Mensa, 2020. "The Deregulation of the Private Equity Markets and the Decline in IPOs," Review of Financial Studies, Society for Financial Studies, vol. 33(12), pages 5463-5509.
  58. Heein Yi & Sangsoo Kim & Seunghun Han, 2021. "Choice between Acquisition and Joint Venture Based on Financial Statement Comparability," Sustainability, MDPI, Open Access Journal, vol. 13(11), pages 1-15, May.
  59. Ugur Celikyurt & Merih Sevilir & Anil Shivdasani, 2010. "How an IPO Helps in M&A," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(2), pages 94-99, April.
  60. Dyck, Alexander & Zingales, Luigi, 2002. "Private Benefits of Control: An International Comparison," CEPR Discussion Papers 3177, C.E.P.R. Discussion Papers.
  61. Larrain, Borja & Sertsios, Giorgo & Francisco Urzúa I.,, 2021. "The going public decision of business group firms," Journal of Corporate Finance, Elsevier, vol. 66(C).
  62. Evelyne Poincelot & Dominique Poincelot, 2015. "Existe-t-il une gestion managériale du flottant et du prix d’offre lors d’une introduction en Bourse sur Euronext Paris ? - Is there a management of the float and the offer price during an initial pub," Working Papers CREGO 1150102, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
  63. Cumming, Douglas J. & MacIntosh, Jeffrey G., 2003. "A cross-country comparison of full and partial venture capital exits," Journal of Banking & Finance, Elsevier, vol. 27(3), pages 511-548, March.
  64. Jay Ritter & Ivo Welch, 2002. "A Review of IPO Activity, Pricing, and Allocations," NBER Working Papers 8805, National Bureau of Economic Research, Inc.
  65. Rao, Ramesh K.S., 2015. "The public corporation as an intermediary between “Main Street” and “Wall Street”," Journal of Corporate Finance, Elsevier, vol. 34(C), pages 64-82.
  66. Belén Gill de Albornoz & Peter F. Pope, 2004. "The Determinants Of The Going Public Decision: Evidence From The U.K," Working Papers. Serie AD 2004-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  67. Shleifer, Andrei & Wolfenzon, Daniel, 2002. "Investor protection and equity markets," Journal of Financial Economics, Elsevier, vol. 66(1), pages 3-27, October.
  68. Rohan Chinchwadkar & Rama Seth, 2018. "The Choice of Exit: Influence of Private Equity Investors and Buyout Entry," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 17(1_suppl), pages 1-26, April.
  69. Kanatas George & Stefanadis Christodoulos, 2010. "Can Venture Capital Be a Curse?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-28, July.
  70. Benveniste, Lawrence M. & Busaba, Walid Y. & Wilhelm, William Jr., 2002. "Information Externalities and the Role of Underwriters in Primary Equity Markets," Journal of Financial Intermediation, Elsevier, vol. 11(1), pages 61-86, January.
  71. Meschi, Pierre-Xavier & Metais, Emmanuel, 2006. "International acquisition performance and experience: A resource-based view. Evidence from French acquisitions in the United States (1988-2004)," Journal of International Management, Elsevier, vol. 12(4), pages 430-448, December.
  72. Claudio Loderer & Urs Waelchli, 2010. "Protecting Minority Shareholders: Listed versus Unlisted Firms," Financial Management, Financial Management Association International, vol. 39(1), pages 33-57, March.
  73. Chemmanur, Thomas J. & Jiao, Yawen, 2012. "Dual class IPOs: A theoretical analysis," Journal of Banking & Finance, Elsevier, vol. 36(1), pages 305-319.
  74. Amal Mohammed Al-Masawa & Rasidah Mohd-Rashid & Hamdan Amer Al-Jaifi, 2020. "A Descriptive Analysis of IPOs Post Listing Liquidity in Malaysia," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(1), pages 171-180, January.
  75. Goergen, M. & Renneboog, L.D.R., 1999. "Prediction of Ownership and Control Concentration in German and UK Initial Public Offerings," Discussion Paper 1999-103, Tilburg University, Center for Economic Research.
  76. Kim, Woojin & Weisbach, Michael S., 2008. "Motivations for public equity offers: An international perspective," Journal of Financial Economics, Elsevier, vol. 87(2), pages 281-307, February.
  77. Borisov, Alexander & Ellul, Andrew & Sevilir, Merih, 2015. "Access to Public Capital Markets and Employment Growth," CEPR Discussion Papers 10521, C.E.P.R. Discussion Papers.
  78. Johannes Münster & Markus Reisinger, 2021. "Sequencing Bilateral Negotiations with Externalities," ECONtribute Discussion Papers Series 096, University of Bonn and University of Cologne, Germany.
  79. Paula Hill, 2006. "Ownership Structure and IPO Underpricing," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 33(1‐2), pages 102-126, January.
  80. Autore, Don M. & Boulton, Thomas J. & Smart, Scott B. & Zutter, Chad J., 2014. "The impact of institutional quality on initial public offerings," Journal of Economics and Business, Elsevier, vol. 73(C), pages 65-96.
  81. Pástor, Luboš & Veronesi, Pietro, 2003. "Stock Prices and IPO Waves," CEPR Discussion Papers 4002, C.E.P.R. Discussion Papers.
  82. Michel, Allen & Oded, Jacob & Shaked, Israel, 2014. "Ownership structure and performance: Evidence from the public float in IPOs," Journal of Banking & Finance, Elsevier, vol. 40(C), pages 54-61.
  83. Hearn, Bruce, 2013. "The impact of board governance on director compensation in West African IPO firms," Research in International Business and Finance, Elsevier, vol. 28(C), pages 82-104.
  84. Hahn, TeWhan & Ligon, James A. & Rhodes, Heather, 2013. "Liquidity and initial public offering underpricing," Journal of Banking & Finance, Elsevier, vol. 37(12), pages 4973-4988.
  85. Grubisic Seba, Mihaela & Orsag, Silvije, 2015. "Corporate Motives For Public Shares Offering During The Financial Crisis," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 6(1), pages 99-114.
  86. Akhtar, Shumi, 2016. "Privatization decisions of Australian firms: An empirical investigation," Pacific-Basin Finance Journal, Elsevier, vol. 39(C), pages 243-255.
  87. Desai, Mihir A. & Dharmapala, Dhammika, 2006. "Corporate tax avoidance and high-powered incentives," Journal of Financial Economics, Elsevier, vol. 79(1), pages 145-179, January.
  88. Helwege, Jean & Packer, Frank, 2009. "Private matters," Journal of Financial Intermediation, Elsevier, vol. 18(3), pages 362-383, July.
  89. Yu, Zhuangxiong & Zhang, Jie & Li, Jie, 2020. "Does going public imply short-termism in investment behavior? Evidence from China," Emerging Markets Review, Elsevier, vol. 42(C).
  90. Malik Muhammad Shehr Yar & Attiya Yasmin Javid, 2014. "Liquidity Benefits From Underpricing: Evidence from Initial Public Offerings Listed at Karachi Stock Exchange," PIDE-Working Papers 2014:101, Pakistan Institute of Development Economics.
  91. Ayyagari, Meghana & Doidge, Craig, 2010. "Does cross-listing facilitate changes in corporate ownership and control?," Journal of Banking & Finance, Elsevier, vol. 34(1), pages 208-223, January.
  92. Hellmann, Thomas, 2006. "IPOs, acquisitions, and the use of convertible securities in venture capital," Journal of Financial Economics, Elsevier, vol. 81(3), pages 649-679, September.
  93. Celikyurt, Ugur & Sevilir, Merih & Shivdasani, Anil, 2010. "Going public to acquire? The acquisition motive in IPOs," Journal of Financial Economics, Elsevier, vol. 96(3), pages 345-363, June.
  94. Wasim Ahmad & Ranko Jelic, 2014. "Lockup Agreements and Survival of UK IPOs," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 41(5-6), pages 717-742, June.
  95. Daniel Ferreira & Gustavo Manso & André C. Silva, 2014. "Incentives to Innovate and the Decision to Go Public or Private," Review of Financial Studies, Society for Financial Studies, vol. 27(1), pages 256-300, January.
  96. Holmen, Martin & Hogfeldt, Peter, 2004. "A law and finance analysis of initial public offerings," Journal of Financial Intermediation, Elsevier, vol. 13(3), pages 324-358, July.
  97. Arnoud W. A. Boot & Radhakrishnan Gopalan & Anjan V. Thakor, 2008. "Market Liquidity, Investor Participation, and Managerial Autonomy: Why Do Firms Go Private?," Journal of Finance, American Finance Association, vol. 63(4), pages 2013-2059, August.
  98. Atanasov, Vladimir, 2005. "How much value can blockholders tunnel? Evidence from the Bulgarian mass privatization auctions," Journal of Financial Economics, Elsevier, vol. 76(1), pages 191-234, April.
  99. Anh Tran & Bang Nam Jeon, 2011. "The dynamic impact of macroeconomic factors on initial public offerings: evidence from time-series analysis," Applied Economics, Taylor & Francis Journals, vol. 43(23), pages 3187-3201.
  100. Arcot, Sridhar, 2014. "Participating convertible preferred stock in venture capital exits," Journal of Business Venturing, Elsevier, vol. 29(1), pages 72-87.
  101. Alexander Borisov & Andrew Ellul & Merih Sevilir, 2015. "Access to Public Capital Markets and Employment Growth," CSEF Working Papers 399, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  102. Richard J. Rosen & Scott B. Smart & Chad J. Zutter, 2005. "Why do firms go public? evidence from the banking industry," Working Paper Series WP-05-17, Federal Reserve Bank of Chicago.
  103. HONJO Yuji & KURIHARA Koki, 2021. "Graduation of Initial Public Offering Firms from Junior Stock Markets: Evidence from the Tokyo Stock Exchange," Discussion papers 21049, Research Institute of Economy, Trade and Industry (RIETI).
  104. Liu, Jia & Lister, Roger & Pang, Dong, 2013. "Corporate evolution following initial public offerings in China: A life-course approach," International Review of Financial Analysis, Elsevier, vol. 27(C), pages 1-20.
  105. Ayi Ayayi, 2005. "The 180-day lock-up period and insiders’ equity selling," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 29(1), pages 32-45, March.
  106. Christel Corine TCHAPGA, 2021. "Profil du dirigeant et introduction en Bourse au Cameroun," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 12(1), pages 80-99, June.
  107. Ren, Siewan & Wright, Anna & Wyatt, Anne, 2012. "Stock option use by Australian IPOs," Journal of Contemporary Accounting and Economics, Elsevier, vol. 8(1), pages 1-22.
  108. Patrick Sentis, 2009. "Merging Activity as a Rational Explanation for the Long-Run Underperformance of IPO," Multinational Finance Journal, Multinational Finance Journal, vol. 13(1-2), pages 75-102, March-Jun.
  109. King, Roger & Peng, Winnie Qian, 2013. "The effect of industry characteristics on the control longevity of founding-family firms," Journal of Family Business Strategy, Elsevier, vol. 4(4), pages 281-295.
  110. Zheng, Steven Xiaofan & Li, Mingsheng, 2008. "Underpricing, ownership dispersion, and aftermarket liquidity of IPO stocks," Journal of Empirical Finance, Elsevier, vol. 15(3), pages 436-454, June.
  111. Bruno Cals de Oliveira & Roy Martelanc, 2014. "IPO Determinants of Brazilian Companies," Brazilian Review of Finance, Brazilian Society of Finance, vol. 12(2), pages 135-161.
  112. Anderson, Christopher W. & Huang, Jian & Torna, Gökhan, 2017. "Can investors anticipate post-IPO mergers and acquisitions?," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 496-521.
  113. &Lubos Pástor & Lucian A. Taylor & Pietro Veronesi, 2009. "Entrepreneurial Learning, the IPO Decision, and the Post-IPO Drop in Firm Profitability," Review of Financial Studies, Society for Financial Studies, vol. 22(8), pages 3005-3046, August.
  114. Fabrizio Adriani & Luca G. Deidda & Silvia Sonderegger, 2014. "How do Financial Intermediaries Create Value in Security Issues?," Review of Finance, European Finance Association, vol. 18(5), pages 1915-1951.
  115. Ron Christian Antonczyk & Astrid Juliane Salzmann, 2014. "Corporate governance, risk aversion and firm value," Applied Financial Economics, Taylor & Francis Journals, vol. 24(8), pages 543-556, April.
  116. Takezawa, Naoya & Rajasekera, Jay & So, Kut C., 2007. "Risk hedging through forward supply contract and equity ownership in a spin-off decision," International Journal of Production Economics, Elsevier, vol. 106(2), pages 532-543, April.
  117. Mittoo, Usha & Ng, Dennis & Yan, Meng, 2020. "Managerial ownership, credit market conditions, undervaluation and offer premiums in management (MBOs) and leveraged buyouts (LBOs)," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 65(C).
  118. Jean Helwege & J. Nellie Liang, 2003. "Initial public offerings in hot and cold markets," Finance and Economics Discussion Series 2003-04, Board of Governors of the Federal Reserve System (U.S.).
  119. Nishihara, Michi, 2017. "Selling out or going public? A real options signaling approach," Finance Research Letters, Elsevier, vol. 22(C), pages 146-152.
  120. Wiggenhorn, Joan & Gleason, Kimberly C. & Madura, Jeff, 2007. "Going public to pursue acquisitions," The Quarterly Review of Economics and Finance, Elsevier, vol. 47(2), pages 331-351, May.
  121. Reuer, Jeffrey J. & Shen, Jung-Chin, 2004. "Sequential divestiture through initial public offerings," Journal of Economic Behavior & Organization, Elsevier, vol. 54(2), pages 249-266, June.
  122. Lucian Arye Bebchuk, 1999. "A Rent-Protection Theory of Corporate Ownership and Control," NBER Working Papers 7203, National Bureau of Economic Research, Inc.
  123. Arnoud W.A. Boot & Radhakrishnan Gopalan & Anjan V. Thakor, 2003. "Go Public or Stay Private: A Theory of Entrepreneurial Choice," Tinbergen Institute Discussion Papers 03-096/2, Tinbergen Institute.
  124. Mello, Antonio S. & Parsons, John E., 1998. "Going public and the ownership structure of the firm," Journal of Financial Economics, Elsevier, vol. 49(1), pages 79-109, July.
  125. Yung, Chris & Çolak, Gönül & Wei Wang, 2008. "Cycles in the IPO market," Journal of Financial Economics, Elsevier, vol. 89(1), pages 192-208, July.
  126. De, Soumendra & Jindra, Jan, 2012. "Why newly listed firms become acquisition targets," Journal of Banking & Finance, Elsevier, vol. 36(9), pages 2616-2631.
  127. Smart, Scott B. & Zutter, Chad J., 2003. "Control as a motivation for underpricing: a comparison of dual and single-class IPOs," Journal of Financial Economics, Elsevier, vol. 69(1), pages 85-110, July.
  128. Hogfeldt, Peter & Hogholm, Kenneth, 2000. "A law and finance theory of strategic blocking and preemptive bidding in takeovers," Journal of Corporate Finance, Elsevier, vol. 6(4), pages 403-425, December.
  129. Yohane Khamfula, 2005. "African capital markets and real sector investment," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(4), pages 511-525.
  130. Subadar Agathee, Ushad & Brooks, Chris & Sannassee, Raja Vinesh, 2012. "Hot and cold IPO markets: The case of the Stock Exchange of Mauritius," Journal of Multinational Financial Management, Elsevier, vol. 22(4), pages 168-192.
  131. Julie Elston, 2019. "Corporate governance: what we know and what we don’t know," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 46(2), pages 147-156, June.
  132. Chod, Jiri & Lyandres, Evgeny, 2011. "Strategic IPOs and product market competition," Journal of Financial Economics, Elsevier, vol. 100(1), pages 45-67, April.
  133. Lehmann, Erik E. & Vismara, Silvio, 2020. "Corporate Governance in IPO Firms," Annals of Corporate Governance, now publishers, vol. 5(1), pages 1-100, February.
  134. Daniel Ferreira & Emanuel Ornelas & John L. Turner, 2015. "Unbundling Ownership and Control," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 24(1), pages 1-21, March.
  135. Nibu Raj Abraham, 2015. "Underpricing in the Malaysian IPO Market During 2009-2014," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 4(4), pages 194-200, November.
  136. Helbing, Pia & Lucey, Brian M. & Vigne, Samuel A., 2019. "The determinants of IPO withdrawal – Evidence from Europe," Journal of Corporate Finance, Elsevier, vol. 56(C), pages 415-436.
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  138. Shams, Syed, 2021. "Competition in the acquisition market and returns to bidders in Australia," Research in International Business and Finance, Elsevier, vol. 55(C).
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