A Study on Initial Public Offering

Insurer Information, Insiders and Initial Public Offering

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The Alternative to an Initial Public Offering

For over a year, the market for initial public offerings (IPO) for promising private companies has been slow. In 2007, there were just 234 IPOs, down from a decade high of 486 in 1999. As a result, private companies and their investors (including venture capital and private equity backed companies) have been left without a crucial exit strategy. More importantly, these private companies that mi...

A truthful Screening Mechanism for Improving Information Asymmetry in Initial Public Offering Transactions

The initial public offering from a tripartite point of view

Existing literature on initial public offerings of a firm’s stock has taken into analysis only two parties of the issuer, the underwriter, the informed investor, either by neglecting one party for simplification or uniting it with another one as if they pursue the unique interests by forming a coalition. In point of fact, the issuer, the underwriter, the informed investors are separate entities...

A Managerial Motive for Initial Public Offering Underpricing