Going Public
The Theory and Evidence on How Companies Raise Equity Finance
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ISBN-13:
9780198295990
Veröffentl:
2001
Erscheinungsdatum:
06.12.2001
Seiten:
256
Autor:
Tim Jenkinson
Gewicht:
405 g
Format:
224x146x22 mm
Sprache:
Englisch
Beschreibung:
During its life, a company must make the critical decision of if, and when, to go public' by listing themselves on the stock exchange. Two anomalies are apparent: that companies taking this route systematically initially underprice their shares and that over the longer term they under-perform other companies. This second edition of Going Public investigates these issues in a non-technical manner.
I: THE IPO MARKET
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