Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5085076 | International Review of Financial Analysis | 2012 | 10 Pages |
Abstract
⺠Negative stock price reactions to IPO completion in their industry. ⺠Board size has negative relationship with rival firm abnormal returns. ⺠CEO share ownership has negative relationship with rival firm abnormal returns. ⺠Investment as the intended use of IPO proceeds has a greater negative rival impact. ⺠Debt reduction/investment as the intended use has a greater negative rival impact.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Andrew McGilvery, Robert Faff, Shams Pathan,