Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089761 | Journal of Banking & Finance | 2012 | 16 Pages |
Abstract
⺠We study operating, financial, and ownership characteristics of recent IPO firms. ⺠We study whether acquisitions of firms reflect their post-IPO performance. ⺠Strong performance and high institutional following attracts acquirers. ⺠Investments made by newly listed firms do not destroy shareholder. ⺠We find that IPO targets are similar to surviving firms.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Soumendra De, Jan Jindra,