Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5085086 | International Review of Financial Analysis | 2013 | 20 Pages |
Abstract
⺠We study the determinants of three post-IPO outcomes: delisting; acquisition with control change; acquisition without control change ⺠Variables cover the issue, the issuer, investors, the industry and corporate control ⺠Delisting is influenced by issue-specific information, the issuer's financial status, ownership and governance ⺠Acquisition differs by industry features, ownership, corporate control and board structure ⺠The after-market outcomes are mixed consequences of market selection and government control
Related Topics
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Authors
Jia Liu, Roger Lister, Dong Pang,