Search Results - subject:"New issues"

Impact of post-IPO investments on the long-term financial market performance of Japanese IPOs : a preregistered report

Southam, Colette; Jiang, Guoliang Frank; Todd, James; … - In: Pacific-Basin finance journal 86 (2024), pp. 1-13

Persistent link: https://www.econbiz.de/10015097396

Stock liquidity and issuing activity

Barinov, Alexander - In: The Quarterly Journal of Finance : QJF 12 (2022) 3, pp. 1-43

Persistent link: https://www.econbiz.de/10014234570

Macroeconomic implications of financialization

Skott, Peter; Ryoo, Soon - Department of Economics, University of Massachusetts-Amherst - 2007

to new equity issues shows a clearer picture. Whether measured in terms of the value of new issues divided by the market …), there has been a signi�cant decline in new issues. In the 1950s-1970s a small positive fraction of gross investment - on … average about 5 percent - was �nanced by new issues. Since 1980, however, the rate of net issues has been negative in most 4 …

Persistent link: https://www.econbiz.de/10005342592

A Financing-Based Misvaluation Factor and the Cross Section of Expected Returns

Hirshleifer, David; Jiang, Danling - Volkswirtschaftliche Fakultät, … - 2007

Behavioral theories suggest that investor misperceptions and market mispricing will be correlated across firms. We use equity and debt financing to identify common misvaluation across firms. A zero-investment portfolio (UMO, Undervalued Minus Overvalued) built from repurchase and new issue firms...

Persistent link: https://www.econbiz.de/10008636467

Dealer Intermediation and Price Behavior in the Aftermarket for New Bond Issues

Green, Richard C.; Hollifield, Burton; Schürhoff, Norman - 2006

We study trading and prices in newly issued municipal bonds. Municipals, which trade in decentralized, broker-dealer markets, are underpriced when issued, but unlike equities the average price rises slowly over a period of several days. We document high levels of price dispersion in newly issued...

Persistent link: https://www.econbiz.de/10009441272

Services, Anti-dumping and Other ¿New Issues¿ in the WTO Negotiations and Their Relevance for the FTAA Title: Servicios, Anti-Dumping y Otros ¿Nuevos Temas¿ en las Negociaciones de...

Jara, Alejandro - Inter-American Development Bank - 2002

In the semester following the Doha Ministerial, WTO Members were able to set up the essential elements of the Work Program decided by Ministers at Doha (November 2001), including the negotiations mandated in the declaration.Abstract: Lo anterior permitió que iniciaran negociaciones en diversas...

Persistent link: https://www.econbiz.de/10010944552

Services, Anti-dumping and Other ¿New Issues¿ in the WTO Negotiations and Their Relevance for the FTAA

Jara, Alejandro - Inter-American Development Bank - 2002

Persistent link: https://www.econbiz.de/10010653045

Modelling the Behaviour of the New Issue Market

Brailsford, Tim; Heaney, R.A; Shi, Jing - 2001

and supply for IPOs. The model produces testable equations examining the relationship between the number of new issues and …, first, serial correlation will be evident in both the number of new issues and the average level of under-pricing. Second …, market conditions will affect both the number of new issues and the average level of under-pricing. Finally, there will be …

Persistent link: https://www.econbiz.de/10009451608

Shareholder gains from equity private placements: Evidence from the Stockholm Stock Exchange

Molin, Johan - Economics Institute for Research (SIR), … - 1996

This paper examines the stock price reactions to equity private placements and rights issues on the stockholm Stock Exchange and analyzes private placement discounts. The combined results reinforce the preliminary support for Wruck's (1989) monitoring hypothesis and the Hertzel and smith (1993)...

Persistent link: https://www.econbiz.de/10005649221

The Winning New Issues: A Case Study

Schilit, Howard M.; Schilit, W. Keith - In: Journal of Small Business Finance 1 (1992) 3, pp. 269-288

Why do some early stage ventures perform remarkably well while others fail? Is there a fairly accurate way to predict which emerging growth business will become a high performing success story and which a low performing disaster? Is there a way for investors to increase the likelihood of...

Persistent link: https://www.econbiz.de/10011310304