[HTML][HTML] IPO price formation and board gender diversity
Using a sample of US IPOs from 2000–2019, we show that IPOs with at least one female
director experience significantly greater underpricing on the first trading day. The effect is not …
director experience significantly greater underpricing on the first trading day. The effect is not …
[HTML][HTML] Going public: evidence from stock and bond IPOs in Belgium, 1839–1935
We investigate firms' initial stock and bond issues in public capital markets and explain
fluctuations in these IPOs over time. We study Belgium from 1839 to 1935, which provides a …
fluctuations in these IPOs over time. We study Belgium from 1839 to 1935, which provides a …
Securities laws and the choice between loans and bonds for highly levered firms
R Prilmeier, RM Stulz - 2019 - ideas.repec.org
In contrast to bonds, levered loans do not require SEC registration. We show that this
distinction plays an important role in firms’ choice between funding through loans and …
distinction plays an important role in firms’ choice between funding through loans and …
[图书][B] Are Women Undervalued?: Board Gender Diversity and IPO Underpricing
We show that investor preferences for diversity have had a significant effect on the initial
returns earned by US firms going public with gender diverse boards over the past decade …
returns earned by US firms going public with gender diverse boards over the past decade …
Share Repurchases and Investment Policies
Our study examines whether share repurchases lead to reductions in real investments.
Repurchase opponents argue that managers forego value-enhancing investments to …
Repurchase opponents argue that managers forego value-enhancing investments to …
The information value of distress
We propose a novel framework for investigating learning dynamics on the debt market.
Observing a firm's survival of apparently distressed periods, the market eliminates asset …
Observing a firm's survival of apparently distressed periods, the market eliminates asset …
Debt analyst coverage of private firms
JR Gillette - The Accounting Review, 2023 - publications.aaahq.org
This study examines how information spillovers from equity to debt markets (“equity
spillovers”) affect sell-side debt analysts' activities and the informativeness of their reports …
spillovers”) affect sell-side debt analysts' activities and the informativeness of their reports …
[PDF][PDF] Valuing Soft Information: IPO Price Formation and Board Gender Diversity
We study the relation between board gender diversity and initial public offering (IPO) price
formation. We find that IPOs experience significantly greater underpricing when the firm's …
formation. We find that IPOs experience significantly greater underpricing when the firm's …
[PDF][PDF] ОБЩЕСТВЕННЫЕ ФИНАНСЫ
ГФ Ромашкина, КВ Андрианов, ЮА Юхтанова - library.volnc.ru
В статье исследуются особенности развития рынков государственных облигаций
стран СНГ. В выборку вошли Россия, Казахстан, Узбекистан и Азербайджан, поскольку …
стран СНГ. В выборку вошли Россия, Казахстан, Узбекистан и Азербайджан, поскольку …
Características financieras de las empresas de la Bolsa de Valores de Lima que explican la decisión de realizar una IPO durante el periodo 1996-2014
MA Cucho Goyas, JA Cajahuanca Atencio - repositorioacademico.upc.edu.pe
La presente investigación, tiene como objetivo principal determinar características
financieras de empresas de la Bolsa de Valores de Lima que explican la decisión de …
financieras de empresas de la Bolsa de Valores de Lima que explican la decisión de …