Essays about: "initial public offering “IPO”"

Showing result 1 - 5 of 92 essays containing the words initial public offering “IPO”.

1. 1. How do IPOs and SPACs differ in terms of post-listing performance, and how do insider and institutional ownership affect these differences?

   University essay from Göteborgs universitet/Graduate School

   Author : Markus Henriksson; Theodor Hansson; [2023-07-03]
   Keywords : SPACs; Special Purpose Acquisition Company; IPOs; Initial Public Offering; Ownership Structure; Abnormal Returns;

   Abstract : Initial Public Offerings (IPOs) and Special Purpose Acquisition Companies (SPACs) are the two most prevalent alternatives for firms seeking to list on the stock exchange, which we examine in this study. We study numerous parameters impacting the abnormal returns of IPOs and SPACs and, compare their performance in the short-term and long-term using regressions and current literature to explain the discrepancies. READ MORE

3. 2. Examining the Relationship of Institutional Ownership and Operating Performance: Evidence from Swedish IPOs

   University essay from Göteborgs universitet/Graduate School

   Author : Hannes Hamark; Ludvig Hagvall; [2023-07-03]
   Keywords : Institutional investors; Active monitoring view; Passive monitoring view; Corporate governance; Control; Operating performance; Pressure-insensitive; Pressure-sensitive; Initial Public Offering IPO ; Sweden;

   Abstract : This study investigates the relationship between institutional ownership and firm operating performance during the three-year period following an IPO in Sweden. It adds to the continuing discussion on whether institutional investors, with their capabilities and incentives to actively monitor, positively impact firm performance. READ MORE

4. 3. IPO underpricing in Sweden : Is there underpricing in Swedish IPOs? If so, what could possibly explain it?

   University essay from Linnéuniversitetet/Institutionen för management (MAN)

   Author : Oskar Persson; Simon Lindblom; [2023]
   Keywords : IPO; underpricing; swedish stock market; financial economics;

   Abstract : When a company decides to sell their shares to the public for the first time it is called an initial public offering. For quite some time, the literature on the subject has come to the conclusion that the companies going public often undervalue their share price prior to the initial public offering resulting in an abnormal positive return on the first trading day, also known as initial public offering underpricing. READ MORE

5. 4. Showing Off in Initial Public Offerings: The Proportion of Institutional Cornerstone Investors in IPOs and the State of the IPO Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Johan Björkman; Samuel Lindström; [2023]
   Keywords : Institutional Cornerstone Investors; Initial Public Offering IPO ; Hot IPO Markets; Cold IPO Markets; Institutional investors;

   Abstract : The paper analyzes the participation of institutional cornerstone investors in initial public offerings (IPOs) using data from NASDAQ Main Market and First North Growth Market in Stockholm between 2015 and the first half of 2023. We identify positive relationships between both hot and cold IPO market periods and the proportion of institutional cornerstone investors in IPOs. READ MORE

6. 5. Unveiling Value Dynamics: A Comparative Analysis of Underpricing and Long-Term Performance Among PE-Backed, VC-Backed, and Non-Backed IPOs in the Swedish Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Markus Tingvall; Jing Ni; [2023]
   Keywords : Initial Public Offering; Private Equity; Venture Capital; Underpricing; Long-term performance;

   Abstract : This research investigates initial underpricing and subsequent long-term aftermarket performance of private equity-backed, venture capital-backed and non-backed initial public offerings (IPOs) in the Swedish market. With a sample of 401 IPOs from January 2011 to December 2021 on the Nasdaq Stockholm and Nordic Growth Market, the study delves into the distinctive firm and IPO characteristics of the three categories. READ MORE