Going public : the theory and evidence on how companies raise equity finance
著者
書誌事項
Going public : the theory and evidence on how companies raise equity finance
Clarendon Press , Oxford University Press, 1996
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注記
Includes bibliographical references (p. [159]-168) and index
内容説明・目次
内容説明
A critical decision in the life of a company is if, and when, to "go public" by listing themselves on the stock exchange. Two anomalies are apparent: that companies taking this route systematically initially underprice their shares and that over the longer term they under-perform other companies. This book investigates these issues in a non-technical manner, drawing upon international evidence from private sector companies and privatizations.
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