Essays about: "reason ipo"

Showing result 1 - 5 of 11 essays containing the words reason ipo.

  1. 1. Navigating the Storm: An examination of IPO Underpricing in 21st Century Crises

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Douglas Otterström; Rebecca Byström; [2023]
    Keywords : Initial public offering; IPO; IPO underpricing; Financial Crisis;

    Abstract : IPO underpricing is a phenomenon studied by many, with theories explaining the reason for this mispricing problem. However, there is little to no research examining how IPO underpricing reacts to different crises during the 21st century. This paper focuses on companies issuing in the US market on NYSE and NASDAQ. READ MORE

  3. 2. Does Direct Listing Mechanism Reduce Underpricing?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Tong Lu; [2022]
    Keywords : direct listing; IPO underpricing;

    Abstract : This paper focuses on direct listing, a newly introduced listing mechanism, and compares the difference between direct listing and IPO in terms of their representative influence on underpricing with empirical study. The result shows that direct listing does help to reduce underpricing. READ MORE

  4. 3. Is Long-Term IPO Performance determined by Underpricing? : Analysis of the international IPO markets between 2009-2019

    University essay from Umeå universitet/Företagsekonomi

    Author : Arjan Kevin Ramak; Felix Fager Burman; [2022]
    Keywords : ;

    Abstract : Chinese legislative boards are heightening regulations to reduce the presence of ‘junk stocks’, as many new offerings sport remarkably high first day returns, but at the same time mediocre long-term performance. The phenomenon where an IPO (Initial Public Offering) is offered at a lower price than its intrinsic value is prominent in finance and business literature. READ MORE

  5. 4. The Ups and Downs of SPACs - An analysis of abnormal returns for recent SPACs during its different stages

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ludwig Wolff; Filip Ternemo; [2021]
    Keywords : SPACs; Special Purpose Acquisition Company; Event Study; Agency Theory; Abnormal Returns; CAR; BHAR; Business and Economics;

    Abstract : As Special Purpose Acquisition Companies (SPACs) are becoming the increasingly popular method of taking a company public, the lack of research on abnormal returns for this asset class since its introduction to the major exchanges validates a reason to expand the investigation. This thesis examines the potential abnormal returns found in different stages of recent SPACs lifecycle, dividing the SPACs into its three major events. READ MORE

  6. 5. Private Equity Fund Managers Going Public: A study of the characteristics of seven listed private equity fund managers

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Diana Mustafina; Viktoria Nacksten; [2020]
    Keywords : Listed Private Equity; Private Equity; Performance; IPO;

    Abstract : Listed private equity ("LPE") entities is a relatively new phenomenon and there is little research done regarding LPE entities in general and LPE fund managers in particular. The purpose of this thesis is to investigate if there are any common characteristics for LPE fund managers going public using a sample of seven LPE fund managers. READ MORE