Essays about: "LONG-RUN PERFORMANCE IN IPO"

Showing result 6 - 10 of 33 essays containing the words LONG-RUN PERFORMANCE IN IPO.

  1. 6. Venture Capital-backing pre-IPO and Long-run Stock Performance

    University essay from

    Author : Björn Jakobsson; Viking Johansson; [2021-06-22]
    Keywords : venture capital backing; initial public offering; long-run stock performance; signaling theory;

    Abstract : This study aims to examine the effects that venture capital-backing has on companies that recently went public. The study examines three specific parts; a general stock return increasing signal of venture capital-backing, whether company characteristics affect the relationship between venture capital-backing and stock returns, and venture capital-backing in two specific industries. READ MORE

  2. 7. SPAC Post-Merger Performance

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Tim Söderman; Rasmus Hjorter Blomberg; [2021]
    Keywords : Special Purpose Acquisition Company SPAC ; Incentive Structure; Moral Hazard; Long-Term Performance; Management Expertise; Business and Economics;

    Abstract : Special purpose acquisition companies (SPACs) are shell companies with no operational assets with the sole purpose of using the raised capital from the initial public offering (IPO) to acquire a private target firm within a predetermined time frame. This financial vehicle has in recent years surged in interest and media coverage. READ MORE

  3. 8. Initial Public Offerings in “Hot” and “Cold” Markets - A Study of the Swedish IPO market

    University essay from

    Author : Ikhwan Ali; Patrik Awad; [2020-08-10]
    Keywords : Initial public offering; IPO; hot and cold markets; efficient market; long-run performance; Swedish stock market;

    Abstract : This thesis aims to test if the IPO market differs in hot and cold market conditions in terms of industry clustering, firm characteristics, and long-run performance. The study is conducted on the Swedish IPO market ranging from 1992 to 2020 and 2017 in analyzing the long-run performance. READ MORE

  4. 9. The Hot Tech Issue Market: A Study on Underpricing and Long-Run Post-IPO Performance of Swedish IPOs

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Eric Persson; Oskar Johnsson; [2020]
    Keywords : Underpricing; Long-Run Post-IPO Performance; Initial Public Offering; Hot Market; High Tech;

    Abstract : We explore the effect on underpricing and long-run post-IPO performance of a firm being classified as high tech or low tech, based on their SIC code. By studying offer prices and post-IPO share prices of a sample of 145 Swedish IPOs between 2004-2017, we do not find support for a difference in long-run post-IPO performance. READ MORE

  5. 10. Center of Attention - A Study of Retail Investor Attention and IPO Performance in Sweden

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Daniel Mattisson; Jacob Molin; [2020]
    Keywords : ipo; underpricing; price-pressure; search data; retail investor attention;

    Abstract : We test an attention-induced price-pressure hypothesis on Swedish data by replicating and extending the methodology of Da, Engelberg and Gao (2011). Using a sample of 233 IPOs on Nasdaq Stockholm and First North from 2004 to 2019, we examine the relationship between retail investor attention, proxied by Google search data, and IPO performance. READ MORE