Search Results - subject:"private placements"

Do private placements exacerbate the degree of asset mispricing? : a study based on theories of information asymmetry and signaling

Li, Changgui; Yang, Huan; Li, Jiayi; Tao, Chunhua; … - In: Borsa Istanbul Review 25 (2025) 2, pp. 240-252

investigate how private placements affect asset mispricing. The findings from the empirical study demonstrate that private … potential endogeneity issues. Analyzing the mechanism indicates that private placements elicit irrational investment behavior … support for regulators to formulate a reasonable policy on private placements and provide useful guidance for companies to use …

Persistent link: https://www.econbiz.de/10015334616

Life insurers' private credit investments and annuity market share capture

Meisenzahl, Ralf R.; Overpeck, Jackson; Polacek, Andy - 2025

We show that life insurers have increased their lending in the private placement market over the past decade, totaling $849 billion, or 14%, on life insurers' balance sheets in 2024. A substantial part of the growth stems from private credit extension to financial borrowers and to privately...

Persistent link: https://www.econbiz.de/10015419969

Litigation and information effects on private sales of securities

Bayar, Onur; Floros, Ioannis V.; Liu, Yini; Mao, Juan - In: Journal of corporate finance 88 (2024), pp. 1-24

Persistent link: https://www.econbiz.de/10015071143

Equity in capital raising? : empirical evidence from structured private placements

Au Yong, Hue Hwa; Brown, Christine; Ho, Choy Yeing; … - In: Journal of banking and finance 159 (2024), pp. 1-21

Persistent link: https://www.econbiz.de/10014452080

Stable suppliers and real earnings management : empirical evidence from private placements

Xiongyuan, Wang; Han, Fei; Peng, Xuan - In: China journal of accounting studies 11 (2023) 4, pp. 756-794

This study uses text analysis to extract stable supplier information from company annual reports and discusses its impact on the real earnings management strategies used during a private placement period. The results show that companies with stable suppliers conducted more downward real earnings...

Persistent link: https://www.econbiz.de/10014551015

Managing ownership by management

Franks, Julian R.; Mayer, Colin P.; Miyajima, Hideaki; … - 2024

Persistent link: https://www.econbiz.de/10014529545

R&D subsidy, non-R&D subsidy and institutional investors' subscription for private placement of new shares : evidence from China's securities market

Zhang, Weidong; Zheng, Hongrui; Luo, Zhenghan; Chen, Se; … - In: The quarterly review of economics and finance 98 (2024), pp. 1-13

Persistent link: https://www.econbiz.de/10015188534

The role of financial covenants in pricing private investments in public equity

Liu, Yini; Nguyen, Ca - In: The journal of corporate finance : contracting, … 82 (2023), pp. 1-18

Persistent link: https://www.econbiz.de/10014434973

The choice of flotation methods : evidence from Chinese seasoned equity offerings

Gao, Xuechen; Hsu, Yuan-Teng; Wang, Xuewu; Yuan, Weici - In: Journal of international money and finance 129 (2022), pp. 1-23

Persistent link: https://www.econbiz.de/10013449267

Choice between rights issue and private placements of equity and the role of information asymmetry

Sony, Bipin; Bhaduri, Saumitra - In: Managerial finance 48 (2022) 3, pp. 409-428

Persistent link: https://www.econbiz.de/10013173312