The Oxford handbook of IPOs /
IPOs
edited by Douglas Cumming.
- 1 online resource.
- Oxford handbooks online .
- Oxford handbooks online. .
Statement of responsibility on cover image indicates that Sofia A. Johan is also editor.
Includes bibliographical references and index.
IPO Market Conditions and Timing Over the Long Run / Determinants for Variation in IPO Underpricing / Survey and Synthesis of the IPO Underpricing Literature: The Fixed-Offer Price Constraint as a Unifying Core Explanation / The Law and Economics of the Going-Public Decision / Auditor Selection and IPO Underpricing / The Structure and Role of the Underwriting Syndicate / The Impact of IPOs' Analyst Coverage on the Choice and Timing of SEOs: A Survival Analysis / Survival of Initial Public Offerings on Europe's New Stock Markets / IPOs in a major Emerging Market Economy - India / Initial Public Offerings in Germany between 1997 and 2015 / IPOs in New Zealand: An Analysis of Benchmark-Adjusted Performance / Is Exchange Regulation Effective for Junior Public Equity Markets? / Going Public in China: Reverse Mergers vs IPOs on Chinese Markets / Initial Public Offerings in Hong Kong / IPO Regulators Gone Wild / Venture Capital and Financial Reporting in Newly Public Firms / The Admission and Regulation of Overseas Issuers: A Survey of Top Four Financial Centers / Lower Visibility Platforms Serving as Stepping Stones to National Stock Exchanges: The Case of Shell Reverse Mergers / SPAC IPOs / Crowdfunding: Business and Regulatory Perspective / Regulatory Arbitrage in Cross-Border Crowdfunding / Introduction / All Ties Are Not Created Equal: Institutional Equity Ties, IPO Performance, and Market Growth of New Ventures / The Dark Side of Venture Capital Syndication and IPO Firm Performance: The Impact of Different Institutional Environments / Corporate Governance in European IPOs / The Interplay of IPO and M&A Markets: The Many Ways One Affects the Other / The Underpricing of Initial Public Offerings and Private Placements of Equity in China / Private Capital Marketplaces and IPOs / IPO Valuation: The International Evidence / Chris Yung -- Thomas Boulton, Scott Smart, Chad Zutter -- Steven Jones, John C. Yeoman -- Jay B. Kesten -- Miriam Koning -- Sâebastien Dereeper, Armin Schwienbacher -- Nesrine Bouzouita, Carole Gresse -- Tao Jiao, Peter Roosenboom, Giancarlo Giudici -- Rajesh Chakrabarti -- Andreas Oehler, Tim Herberger, Matthias Horn -- Huong Dang, Michael Jolly -- J. Ari Pandes, Michael Robinson -- Zijian (Vincent) Cheng, Grant Fleming, Zhangxin (Frank) Liu -- Queenie Lai -- Kevin K. Boeh, Craig Dunbar -- Lars Helge Hass, Monika Tarsalewska -- Horace Yeung -- Joseph J. Cecala, Jr., Ioannis V. Floros -- Yochanan Shachmurove, Milos Vulanovic -- Alexandra Horvâathovâa -- Arjya B. Majumdar -- Douglas Cumming, Sofia Johan -- Yong Li, Beiqing Yao -- Salim Chahine, Igor Filatotchev, Robert E. Hoskisson, Jonathan D. Arthurs -- Fabio Bertoni, Michelle Meoli, Silvio Vismara -- Nihat Aktas, Christian Andres, Ali Ozdakak -- Gang Nathan Dong, Ming Gu -- Saman Adhami, Gianfranco Gianfrate, Guiseppe Soda -- Sanjai Bhagat, Jun Lu, Srinivasan Rangan.
Firms generally begin as privately owned entities. When they grow large enough, the decision to go public and its consequences are among the most crucial times in a firm's life cycle. The first time a firm is a reporting issuer gives rise to tremendous responsibilities about disclosing public information and accountability to a wide array of retail shareholders and institutional investors. Initial public offerings (IPOs) offer tremendous opportunities to raise capital. The economic and legal landscape for IPOs has been rapidly evolving across countries. Financial regulation of analysts and investment banks has been evolving in ways that drastically impact the economics of going public. This Handbook not only systematically and comprehensively consolidates a large body of literature on IPOs, but provides a foundation for future debates and inquiry.