Purpose: The purpose of this paper is to hypothesize two channels in which market volatility affects initial public offering (IPO) activity. Design/methodology/approach: First, CEOs time the market for IPOs and volatility makes this decision process harder. Second, risk-averse IPO investors...

Purpose: As investors’ fear has an impact on their risk-return tradeoff, this fear leaves markets susceptible to sudden and large fluctuations. The purpose of this study is to suggest regulators to amend their precautionary methods to recognize the difference in investor behavior for...

Purpose – The purpose of this paper is to investigate whether all of the risk factors were priced during the internet bubble period. Design/methodology/approach – A unique hand collected dataset was used from public prospectuses for companies that issued an initial public offering during the...

The American Presidency Project provides presidential job approval poll results. These data are available for each U.S. president since President Franklin D. Roosevelt and for all the job approval polls conducted. The proposed Stata command, approval, downloads these presidential approval poll...

We hypothesize two channels in which market volatility affects initial public offering (IPO) activity. First, CEOs time the market for IPOs and volatility makes this decision process harder. Second, risk-averse IPO investors become more reluctant towards IPOs during periods of higher volatility...

We present an active-learning computer exercise where students pick stocks for a portfolio. Using their selection of stocks, two different portfolios are created: 1) a portfolio that never rebalances and 2) a portfolio that continuously rebalances. They then calculate the rates of return and...