Essays about: "Venture Capital-backed"

Showing result 21 - 25 of 25 essays containing the words Venture Capital-backed.

  1. 21. 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

  2. 22. 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

  3. 23. The Role of Lockups in Venture Capital Backed IPOs : An empirical study on the London Stock Exchange from 2009 to 2012

    University essay from Umeå universitet/Företagsekonomi

    Author : Jimmy Sabel; Xinrong Wu; [2014]
    Keywords : Initial Public Offering IPO ; Venture capital VC ; Lockup agreement; London Stock Exchange LSE ; Event Study; Abnormal returns; Cumulative abnormal returns CAR ; Market efficiency; Trading Regulations;

    Abstract : There are plenty of things said about the financial industry, an always ongoing debate, to say the least. We have identified a complex situation with three dimensions: Initial public offerings, Venture capital, and Lockup agreements. IPOs are generally difficult to put a price on because the market is not united yet, which creates uncertainties. READ MORE

  4. 24. The performance of Nordic buyout-backed IPOs - An empirical study on first-day returns, aftermarket abnormal returns and IPO cyclicality

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

    Author : Johanna Sevonius; Johan Hertervig; [2014]
    Keywords : Nordic buyout-backed IPOs; first-day returns; aftermarket abnormal returns; IPO cyclicality;

    Abstract : Using a sample of 443 Nordic IPOs, consisting of 53 buyout-backed, 70 venture capital-backed and 320 non-sponsored issues from January 1997 to December 2010, this paper investigates the financial performance of buyout-backed IPOs listed on the Nordic stock exchanges. We compare and contrast the first-day returns and aftermarket abnormal returns over a period of three years of buyout-backed IPOs to those of non-sponsored and venture capital-backed. READ MORE

  5. 25. Venture Capital- Backed Investment : Impack on Corporate Governance in Sweden

    University essay from Blekinge Tekniska Högskola/Sektionen för management

    Author : John Gartchie GATSI; [2006]
    Keywords : Venture Capital Investment; Corporate Governance; Governed Corporation and Complementarities.;

    Abstract : Title: VENTURE CAPITAL-BACKED INVESTMENT: IMPACT ON CORPORATE GOVERNANCE IN SWEDEN Author: John Gartchie Gatsi Supervisor: Anders Hederstierna Department: School of Management, Blekinge Institute of Technology Course: Master’s Thesis in Business Administration, 10 Credits Background and problem discussion: Sweden is one of the small open economies with flourishing venture capital investments. Much research has not been conducted into corporate governance in Sweden when venture capital is involved. READ MORE