This article investigates the change in operating performance of 115 firms that go public on the French New Market over … the period 1996-2000. A significant decline in operating performance subsequent to the Initial Public Offering (IPO) is … significant negative relation between post-IPO change in operating performance and equity retention by the original ownership. …

In this paper, we study the long-run operating performance of preferred stock issuers. We use three different measures … of operating performance; pre-tax cash flows, profit margin and return on assets. We study the performance of industrial … the operating performance of preferred stock issuers as a whole declines in the three-years before the issue. We find that …

-run stock and operating performance. We do not find significant effects of private debt financing on SEO underpricing and long …-issue operating performance. Changes in operating performance from the pre-issue year to the post-issue period are negatively related … SEOs, but increases following SEOs. Our overall evidence suggests that the post-issue operating performance we observed may …

We compare the long-term stock price and operating performance of firms that are followed by analysts to those that are …

operating performance. The run-up in operating costs since 1997 coincided with the Asian financial crisis, suggesting that banks …

This paper examines the influence of bond design on the long-run operating performance of convertible bond issuers and … conversion at the time of the issue. The measure of long-run operating performance is the pre-tax cash flows of the firm. The … show that the factors that determine the long-run operating performance of equity-like and debt-like offerings are …

1990 and 2003. Our results suggest that companies going public experience substantial improvements in operating performance … operating performance and long-run returns. The results suggest that IPOs with poor subsequent operating performance exhibit …

Taiwan suffer long-term post-issue deterioration in operating performance, and the difference in deterioration between ESM …