Essays about: "Merton s investor recognition model"

Found 1 essay containing the words Merton s investor recognition model.

  1. 1. Does pre-IPO investor attention affect post-IPO firm value?

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Victoria Scheer; Johan Undén; [2015]
    Keywords : Investor attention; Merton s investor recognition model; IPO; Media coverage; Firm value;

    Abstract : This thesis applies and extends Merton´s investor recognition model within the Swedish primary market setting using data from 2000 to 2012. Initially, we show that our measure of pre-IPO investor attention is positively correlated with post-IPO firm value by carrying out a pooled OLS and GLS regression over three calendar year endings following each company's IPO. READ MORE