Institutional characteristics, signaling variables and IPO initial returns: A study on OECD countries

Institutional characteristics, signaling variables and IPO initial returns: A study on OECD countries

Purpose – This paper aims to provide empirical evidence on the extent of alteration institutional characteristics, i.e. legal origin and corruption levels, may have on the signaling effects of auditors’ reputation, underwriters’ reputation and ownership retention on initial public offering (IPO) ini...

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Bibliographic Details
Main Author: Sheela Devi D. Sundarasen
Format: Article
Language:English
Published: Emerald Publishing 2019-03-01
Series:PSU Research Review
Subjects:
ipo
legal origin
auditors’ reputation
corruption level
ownership retention
underwriters’ reputation
Online Access:https://www.emerald.com/insight/content/doi/10.1108/PRR-10-2016-0003/full/pdf?title=institutional-characteristics-signaling-variables-and-ipo-initial-returns-a-study-on-oecd-countries

Internet

https://www.emerald.com/insight/content/doi/10.1108/PRR-10-2016-0003/full/pdf?title=institutional-characteristics-signaling-variables-and-ipo-initial-returns-a-study-on-oecd-countries

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