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"Originating in the sea, especially in the waters surrounding the low-lying islands of the Maldives, Cypraea moneta (sometimes confused with Cypraea annulus) was transported to various parts of Afro-Eurasia in the prehistoric era, and in many cases, it was gradually transformed into a form of...
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As the pressure of supply-demand balance increases with the high penetration of renewable energy resources, it is widely accepted that demand side resources including air conditioners (ACs) play an important role in providing ancillary services to the grid. In this paper, air conditioning loads...
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This paper studies the relationship between a firm's pre-IPO trademarks and its IPO underpricing. Using 4,321 US IPOs during the period 1980-2016, we find that firms with a larger number of trademarks prior to the IPO date experience significantly less IPO underpricing. We employ a quasi-natural...
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Employing a sample of 5,858 U.S. public firms from 1993 to 2017, this study documents robust evidence that firms that hold more trademarks enjoy a lower cost of equity, even after we control for other determinants of the cost of equity and industry-by-year fixed effects. To address endogeneity...
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