Going Public: The Theory and Evidence on How Companies Raise Equity Finance

ISBN-13: 9780198295990 / Angielski / Twarda / 2001 / 256 str.

Tim Jenkinson; Alexander Ljungqvist

Opis

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.

Recenzje

"Going Public successfully synthesizes the existing theoretical and empirical research and highlights areas for further research. Students of economics and finance, as well as practitioners, will find many fresh perspectives and insights in this study."

O autorze

Tim Jenkinson is Reader in Business Economics at the Saïd Business School, Oxford University, and Fellow of Keble College, Oxford.; Alexander Ljungqvist is Assistant Professor of Finance at the Stern School of Business, New York University.