This paper presents an empirical analysis of whether independent and dependent private equity investors affect the underpricing of firms which went public on the Nouveau Marché and on the Neuer Markt between 1997 and 2000. In the sample of the Neuer Markt, the involvement of private equity investors reduces the underpricing of the firms' shares only if private equity investors sell a part of th...

Economists have confined the concept of ‘sustainability’ to intertemporal distributional equity. We propose a broader definition, combining dynamic efficiency and intergenerational equity, and relate it to two concepts from neoclassical economics: potential Pareto-improvements and inter-personal compensation.  2003 Elsevier Science B.V. All rights reserved.

The women’s success paradox Gender equity in educational outcomes is considered to be one of the major equity concerns in democratic societies (Marks 2008; Wagemaker 1996; Willingham and Cole 1997). Often associated with reduced career opportunities, gender differences in achievement are high-stake issues. One of the six key educational goals of UNESCO was to achieve gender equality in educatio...

equity in settlement of foreign investment disputes regard of equity in judicial and non-judicial settlement of disputes is necessary. because of the international area of justice in the foreign investment disputes, the equity is more important in these cases. study of international review shows the following and predication of the equity in the adjudges. so that the equity is the basic princip...

Guided by Marxist theory and Bourdieu's of capital, this paper explores the impact marketisation education on society analysing case Hengshui Middle School in China terms its expansion market. The finds that is pro con side a coin, as it optimises allocation educational resources to certain extent while also having negative social justice equity; addition this, compares Marxian theories elabora...

To explore the beliefs of Inclusive Education in film " Front class ", this study uses method content analysis to interpret and analyze from perspective concept inclusive education, family, school, society. It found that contains rich concepts which helps pursue quality education examine educational equity social equity, provide intellectual support for construction society, responding UN's sus...

BACKGROUND The reduction of health inequalities is a focus of many national and international health organisations. The need for pragmatic evidence-based approaches has led to the development of a number of evidence-based equity initiatives. This paper describes a new program that focuses upon evidence- based tools, which are useful for policy initiatives that reduce inequities. METHODS This ...

In this paper we examine whether information risk affects underwriter switching in a seasoned equity offering (SEO) process. Building on previous research, we hypothesize that SEO firms and underwriters associate with one another by mutual choice, and firms with a low degree of information risk tend to match up with prestigious underwriters. Using a sample of SEO firms in China and employing ac...

Open-ended admission policies to professional education programs, and particularly the admission of candidates with certain types of disabilities, have profound implications for teacher-education programs. Such policies and practices affect the entire educational community, including faculty members, university and faculty administrators, school partners, and pre-service teacher-education candi...