Essays about: "hot issue market"

Showing result 11 - 15 of 20 essays containing the words hot issue market.

1. 11. Aftermarket Performance of Micro-Capitalized Initial Public Offerings

   University essay from Stockholms universitet/Företagsekonomiska institutionen

   Author : Fredrik Lüsch; [2017]
   Keywords : IPO; Aftermarket; Performance; Penny; Stock; Aktietorget;

   Abstract : The aftermarket stock price performance of micro-capitalized IPOs with penny stock status is an often-neglected subsample in the IPO research literature. As the markets in which these IPOs are often traded are subject to lower listing and disclosure requirements, there is a higher degree of asymmetrical information between issuers and investors than on more regulated exchanges. READ MORE

3. 12. Cornerstone Investor Allocation in Initial Public Offerings:Empirical Evidence from the Nordics

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Erik Ahl; Shervin Sameni; [2017]
   Keywords : Nordic IPOs; Underpricing; Money left on the table; Cornerstone investors;

   Abstract : The 2014-2016 Nordic hot issue IPO market raised a record SEK 156 billion. 37% of which were raised through the newly emerged mechanism of cornerstone investors, where large portions of new issues are allocated pre-IPO. READ MORE

4. 13. Underpricing in IPOs and the Effects of IPO Cyclicality and Owners' Investment Philosophy

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Rasmus Andersson; Jonatan Andersson; [2016]
   Keywords : Initial Public Offering IPO ; Underpricing; European Equity Capital Markets; Investment Philosophy; IPO Cyclicality;

   Abstract : We examine underpricing levels in initial public offerings ("IPOs") using a sample consisting of 50 private equity-backed, 50 venture capital-backed and 113 non-sponsored IPOs. The sample is collected using offering data from firms listed on the UK Main Market, International Main Market and AIM on the London Stock Exchange, between the years of 2006-2015. READ MORE

5. 14. Initial Returns and Long-Run Performance of Private Equity-backed IPOs in the UK: The Post-Y2K Experience

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Tom Lange; Pascal Rietmann; [2015]
   Keywords : Initial Public Offering; Private Equity; Venture Capital; Underpricing; After-Market Performance;

   Abstract : This paper studies a sample of 257 initial public offerings (IPO) that occurred in the period from 2001 to 2011, differentiated into sub-samples of 32 venture capital-backed (VC), 55 buyout-backed (BO), and 170 non-backed (NB) share issuances undertaken on the London Stock Exchange's (LSE) Main Market and Alternative Investment Market. We separately analyze initial first-day returns, commonly referred to as underpricing, as well as long-run after-market performance using an event study setting with a horizon of 36 months. READ MORE

6. 15. A study of the different views of the financial gap issues for university spin-offs

   University essay from Lunds universitet/CIRCLE

   Author : Carl-Fredrik Hårsmar; Nils Åsheim; [2014]
   Keywords : financial gap; technology transfer; technology transfer office; venture capital; university spin-offs; Business and Economics;

   Abstract : Stimulation of innovation is a hot topic around the world. The developed economies are nowadays significantly dependent on innovation for further growth. One central source of innovation is universities and their ability to turn new knowledge into value-adding innovations. READ MORE