Foreign Business Activities, Foreignness of the VC Syndicate, and IPO Value
نویسندگان
چکیده
منابع مشابه
Overcoming the Liability of Foreignness: Pre-IPO Investors from the Host Country and Foreign IPO Performance
Foreign IPO firms incur higher issuance costs than domestic firms due to greater information asymmetry and ex ante valuation uncertainty. Little is known about how to overcome such liability of foreignness. This study, based on foreign-listed Chinese firms, shows that pre-IPO financing relationship with investors from the country of listing can effectively mitigate cross-border information fric...
متن کاملthe effects of cooperative versus individual directed reading thinking activities on students inferential and referential questions
two groups of students were assigned as experimental and control ones, and were given instruction on directed reading-thinking activities and after some treatment, they were post-tested. although the initial pre-test did not show any significant differences, the final post-test result revealed that the cooperative reading comprehension helped the experimental group. the cooperative students’...
15 صفحه اولHow Syndicate Short Sales Affect the Informational Efficiency of IPO Prices and Underpricing
When a company goes public it is standard practice that more shares are allocated than issued. The resulting short position that the offering syndicate holds is commonly filled either by aftermarket trading or by the execution of the so-called overallotment option, a standard feature of IPO arrangements. We propose a simple theoretical model to study the implications of this combination of shor...
متن کاملHow Syndicate Short Sales Affect the Informational Efficiency of IPO Prices and Underpricing
When a company goes public, it is standard practice that the underwriting syndicate allocates more shares than issued. The underwriter thus holds a short position that it commonly fills by aftermarket trading when market prices fall or, when prices rise, by executing the so-called overallotment option. This option is a standard feature of IPO arrangements that allows the underwriter to purchase...
متن کاملcritical period effects in foreign language learning:the influence of maturational state on the acquisition of reading,writing, and grammar in english as a foreign language
since the 1960s the age effects on learning both first and second language have been explored by many linguists and applied linguists (e.g lennerberg, 1967; schachter, 1996; long, 1990) and the existence of critical period for language acquisition was found to be a common ground of all these studies. in spite of some common findings, some issues about the impacts of age on acquiring a second or...
15 صفحه اولذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Entrepreneurship Theory and Practice
سال: 2018
ISSN: 1042-2587,1540-6520
DOI: 10.1177/1042258718757503