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Search: subject:"certification hypothesis"
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Certification Hypothesis
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IPOs
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certification hypothesis
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Pennacchio, Luca
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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The causal effect of venture capital backing on the underpricing of Italian IPOs
Pennacchio, Luca
-
Volkswirtschaftliche Fakultät, …
-
2013
means underestimates such an effect. The result is consistent with the
certification
hypothesis
, that is, certifying that …
Persistent link: https://www.econbiz.de/10011108560
Saved in:
2
The role of venture capital in Italian IPOs
Pennacchio, Luca
- In:
Economics Bulletin
33
(
2013
)
4
,
pp. 2528-2539
certification
hypothesis
, that is, certifying that the value of issuing firms reflects all relevant inside information, venture …
Persistent link: https://www.econbiz.de/10010699226
Saved in:
3
Bank Loans as a Financial Discipline: A Direct Agency Cost of Equity Perspective
Hijazi, Bassem
-
2006
information asymmetry. This
certification
hypothesis
holds only for renewed bank loans. In other words, in renewing the borrowers …
Persistent link: https://www.econbiz.de/10009475079
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