Asymmetric information within Initial Public Offerings
نویسندگان
چکیده
منابع مشابه
Ownership Structure and Initial Public Offerings
The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expresse...
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Excerpt] The decision for a company to issue shares publicly for the first time is not to be taken lightly. The manager-owner of a private firm must carefully weigh the benefits of an initial public offering (IPO) against the costs. Potential benefits include the ability to raise capital in the public markets on more attractive terms than in private circles; increased liquidity for managers and...
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ژورنال
عنوان ژورنال: Český finanční a účetní časopis
سال: 2014
ISSN: 1802-2200,1802-2200
DOI: 10.18267/j.cfuc.396