initial public offerings valuation and marketing

aggarwal and conroy-price discovery in initial public offerings and the role of the lead underwriter

aggarwal and conroy-price discovery in initial public offerings and the role of the lead underwriter

... Michaely, and O’Hara ~2000!, Benveniste, Busaba, and Wilhelm ~1996!, Chowdhry and Nanda ~1996!, Hanley, Kumar, and Seguin ~1993!, Logue et al ~2000!, Ruud ~1993!, Schultz and Zaman ~1994!, and Prabhala ... 12.22 Those offerings that start trading between 11:30 and 12:00 have an initial return of 23.75 percent, between 12:00 and 12:30 the initial return is 12.03 percent, and between 12:30 and 1:00 ... conclusions of Barry and Jennings ~1992! and Schultz and Zaman ~1994! that the opening price captures almost all of the initial return The mean and median number of comanagers are 2.34 and 2.00, respectively...

Ngày tải lên: 23/04/2014, 16:09

20 361 0
FM11 Ch 19 Initial Public Offerings, Investment Banking, and Financial Restructuring

FM11 Ch 19 Initial Public Offerings, Investment Banking, and Financial Restructuring

... sold at once, but partial sales occur over a period of time  Public and private debt issues  Seasoned equity offerings (public and private placements) 19 - 25 What is a rights offering?  ... private placement and a public offering  In a private placement, such as to angels or VCs, securities are sold to a few investors rather than to the public at large  In a public offering, securities ... the public and must be registered with SEC (More ) 19 -  Privately placed stock is not registered, so sales must be to “accredited” (high net worth) investors  Send out “offering memorandum”...

Ngày tải lên: 06/04/2015, 19:41

33 658 0
Issue manager reputation, underpricing and long run performance of initial public offerings evidence from the singapore IPO market

Issue manager reputation, underpricing and long run performance of initial public offerings evidence from the singapore IPO market

... Beatty and Ritter, 1986; Johnson and Miller, 1988; Carter and Manaster, 1990; Megginson and Weiss, 1991) Carter and Manaster’s (1990) ‘tombstone’ announcement-based ranking and Megginson and Weiss’s ... three different measures of initial return namely raw initial return, market-adjusted initial return and matched firmadjusted initial return They are defined as follows Raw initial return (Ri,0) is ... between 1980 and 1993 iv) Koh and Walter (1989) use a sample of 70 IPOs listed between 1973 and 1987 v) Dawson (1987) uses a sample of 39 IPOs listed between 1978 and 1983 vi) Wong and Chiang (1986)...

Ngày tải lên: 08/11/2015, 17:16

107 312 0
Mispricing of initial public offerings (IPOs) the role of accounting information

Mispricing of initial public offerings (IPOs) the role of accounting information

... total assets, and (vii) 14.3 (8.0) for age of the firm 29 Results 5.1 Initial assessment: IPO overpricing and the accrual anomaly The initial assessment uses a sample of 5,338 IPO firms and 5,338 ... public at prices below fundamental values (Ibbotson et al 1988) My sample includes growth, mature, and decline stage firms Contrary to the intuition that only growth firms go public, mature and ... literature and develops the hypotheses that I test Section describes my tests and research design Section discusses the sample, section presents the results and section concludes Literature review and...

Ngày tải lên: 30/09/2015, 16:44

85 319 0
Earnings management in initial public offerings (IPOs) of u s  REITs

Earnings management in initial public offerings (IPOs) of u s REITs

... Sloan, and Sweeney (1995); and Kang and Sivaramakrishnan (1995)); (b) specific accrual models (McNichols and Wilson (1988); Petroni (1992); Beaver and Engel (1996) ; Beneish (1997); and Beaver and ... positive initial return of 3.6%, and outperform comparable Seasonal Equity Offering (SEO) REITs in 100 trading days after IPOs Besides the two contrasting findings, Buttimer, Hyland, and Sanders ... interesting issues that draws the attention of industry and academic The high initial return of initial public offering (IPO) corporations and the long-term after market performance are two questions...

Ngày tải lên: 05/10/2015, 19:01

102 296 0
Underpricing In Initial Public Offerings: Evidence From The U.S Avgoustinos Filippoupolitis

Underpricing In Initial Public Offerings: Evidence From The U.S Avgoustinos Filippoupolitis

... in Initial Public Offerings: Evidence from the US Chapter 1: Introduction Going public is an important decision in the life-cycle of a company Most companies go public through an initial public ... the initial underpricing of the IPOs; the Raw Initial Return (RIR) and the Market Adjusted Initial Return (MAIR) as defined by Gounopoulos (2003) Page | 35 Underpricing in Initial Public Offerings: ... results…….…………………………………………… 51 Page | Underpricing in Initial Public Offerings: Evidence from the US Abstract This thesis covers a review of the literature regarding the initial public offerings underpricing phenomenon...

Ngày tải lên: 10/12/2016, 15:34

60 378 0
Jossey Bass Publishing Dictionary Of Public Health Promotion and Education

Jossey Bass Publishing Dictionary Of Public Health Promotion and Education

... family life and sexuality, mental and emotional health, injury prevention and safety, nutrition and weight problems, substance use and abuse, personal health, and the prevention and control of ... science knowledge and techniques that are relevant to the understanding of physical health and illness and the application of this knowledge and these techniques to prevention and treatment, as ... years of age and older from the community and health organizations to discuss and share health information and community concerns and issues about the exposure to hazardous substances and how they...

Ngày tải lên: 05/10/2012, 09:47

187 676 7
Statistical Methods of Valuation and Risk Assessment: Empirical Analysis of Equity Markets and Hedge Fund Strategies

Statistical Methods of Valuation and Risk Assessment: Empirical Analysis of Equity Markets and Hedge Fund Strategies

... Fung and Hsieh (2002) and Mitchell and Pulvino (2001) who investigated the performance characteristics of trend-following and risk-arbitrage strategies, respectively More recently, Agarwal and ... supervisor, Prof Alexander McNeil, for his guidance and help on my master thesis I would like to thank also my co-supervisors and colleagues Valerie ChavezDemoulin, Bernhard Brabec and Michael Heintze ... size The 99% VaR and ES estimates are 2.89% and 3.31%, respectively The VaR and ES estimates are all driven by the annualised volatility estimate It is obtained by taking the standard deviation...

Ngày tải lên: 16/04/2013, 20:00

59 477 0
Sales and marketing 2011

Sales and marketing 2011

... their symbol of pride And all started from an initial failure 12 Getting on the same page Quick review of some basics on marketing and sales 13 Basics - Marketing and Sales  Marketing Everything ... your sales and marketing skills…today! Guest Lectures: Chaz Seale Dustin Seale November 2011 Like it or not… We are all in sales, and if we want to be good in sales, we better understand marketing ... our competitors  What makes us stand out and absolutely appealing  The reason we can penetrate markets 33 “Brand You” Now let’s take the marketing concepts and relate them to you Remember “You’re...

Ngày tải lên: 18/08/2013, 12:41

68 445 1
Corporate and Marketing Strategies in the High-Tech Industry

Corporate and Marketing Strategies in the High-Tech Industry

... Targeting market(s) and designing the marketing mix The marketing strategy introduces the marketing objectives, sales figures, amount of profit (and the calculation method), segmentation, and then the ... industry, after initially pursuing a nonstandard strategy, late entrants into the field, such as Microsoft and AT&T, followed the standards in foundation technologies first adopted by Prodigy and AOL ... the protection and on the use of patents according to market trends In this perspective marketing is a 56 Corporate and Marketing Strategies in the High-Tech Industry Role of marketing Patent...

Ngày tải lên: 24/10/2013, 07:20

42 685 1
Apress - Pro SQL Server 2008 Analytics_ Delivering Sales and Marketing Dashboards (2009)01

Apress - Pro SQL Server 2008 Analytics_ Delivering Sales and Marketing Dashboards (2009)01

... behind Effective and fully realized analytics will help you measure the past, understand the present, and even project the future Unlike using a Magic Ball, marketing and sales analysis and forecasting ... managers and individual sales and marketing professionals Implemented correctly, these can help users make better decisions and find root causes, empower front-line marketing and sales users, improve ... Delivering Sales and Marketing Dashboards ■■■ Brian Paulen and Jeff Finken Paulen_19286 FRONT.fm Page ii Friday, May 1, 2009 5:01 PM Pro SQL Server 2008 Analytics: Delivering Sales and Marketing Dashboards...

Ngày tải lên: 25/10/2013, 08:15

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Apress - Pro SQL Server 2008 Analytics_ Delivering Sales and Marketing Dashboards (2009)02

Apress - Pro SQL Server 2008 Analytics_ Delivering Sales and Marketing Dashboards (2009)02

... you have secured executive sponsorship and reviewed and developed the KPIs that are pertinent to the business, it is appropriate to move into the evaluation and solution design process Keep in mind ... Your solution and evaluation process should include selecting the appropriate technologies, reviewing the appropriate Microsoft BI tools for various user roles, and identifying and prioritizing ... follow: • Do Excel pivot tables and graphs achieve my goals? • Can I develop and understand my KPIs using SQL Server Reporting Services (SSRS)? • How should the reports and dashboards I develop be...

Ngày tải lên: 25/10/2013, 08:15

10 554 0
Public attitudes, stigma and discrimination against people with mental illness

Public attitudes, stigma and discrimination against people with mental illness

... (2000) Public conceptions of mental illness in 1950 and 1996: what is mental illness and is it to be feared? Journal of Health and Social Behavior, 41, 188–207 197 Public attitudes, stigma and ... relatively authoritarian personality, and among people who believe that the world is basically just (and so people get what they deserve) (Crandall and Eshleman, 2003; Crandall et al., 2002) Such emotional ... (1), 67–83 Crandall, C S., Eshleman, A and O’Brien, L (2002) Social norms and the expression and suppression of prejudice: the struggle for internalization Journal of Personality and Social Psychology,...

Ngày tải lên: 01/11/2013, 09:20

19 526 1
Aligning Your Sales and Marketing into One Funnel

Aligning Your Sales and Marketing into One Funnel

... soon, and you're working on nailing down a price range During the interest stage, the content becomes more targeted and specific Barring pre-existing loyalties, the consumer is open to all brands, ... recognized that a certain brand might meet their priorities and pain points better than others If you were a car dealership, writing content that compares, contrasts and highlights details is a ... credit card number and they haven't picked a company They're simply aware that they need a larger car Content mapped to the awareness stage of the sales funnel will be based on topics and concepts...

Ngày tải lên: 27/01/2014, 20:44

3 356 0
Tài liệu GUIDELINES FOR THE PRODUCTION, PROCESSING, LABELLING AND MARKETING OF ORGANICALLY PRODUCED FOODS docx

Tài liệu GUIDELINES FOR THE PRODUCTION, PROCESSING, LABELLING AND MARKETING OF ORGANICALLY PRODUCED FOODS docx

... 02.0 Fats and oils, and fat Not permitted emulsions04.0 Fruits and vegetables (including mushrooms and fungi, roots and tubers, pulses and legumes, and aloe vera), seaweeds, and nuts and seeds07.0 ... (includingmushrooms and fungi, roots and tubers, pulses and legumes, and aloe vera), and seaweeds04.2.2.5 Vegetable, (including mushrooms and fungi, roots and tubers, pulses and legumes, and aloe vera), ... seaweed, and nut and seed purees and spreads (e.g., peanut butter)04.2.2.6 Vegetable, (including mushrooms and fungi, roots and tubers, pulses and legumes, and aloe vera), seaweed, and nut and seed...

Ngày tải lên: 14/02/2014, 03:20

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Tài liệu Common Ground, Common Future Moral Agency in Public Administration, Professions, and Citizenship doc

Tài liệu Common Ground, Common Future Moral Agency in Public Administration, Professions, and Citizenship doc

... Stuart S Nagel 54 Handbook of Regulation and Administrative Law, edited by David H Rosenbloom and Richard D Schwartz 55 Handbook of Bureaucracy, edited by Ali Farazmand 56 Handbook of Public Sector ... Handbook of Administrative Communication, edited by James L Garnett and Alexander Kouzmin 64 Public Budgeting and Finance: Fourth Edition, edited by Robert T Golembiewski and Jack Rabin 65 Handbook ... Lynch and Todd J Dicker 67 Handbook of Public Finance, edited by Fred Thompson and Mark T Green 68 Organizational Behavior and Public Management: Third Edition, Michael L Vasu, Debra W Stewart, and...

Ngày tải lên: 15/02/2014, 19:20

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Tài liệu Public-Key Cryptography and Key Management doc

Tài liệu Public-Key Cryptography and Key Management doc

... f1(f0(a, x), y) and it is difficult to derive x from f0(a, x) and a, which are publicly known  Alice does the following:  Randomly selects a positive number x1 (private key) and sends y1 = f0(a, ... and CA2(KuCA1) Bob:  Uses CA2’s public key to verify CA1’s public key  Uses CA1’s public key to verify Alice’s public key J Wang Computer Network Security Theory and Practice Springer 2009 A CA ... Distributions and Management J Wang Computer Network Security Theory and Practice Springer 2009 Diffie-Hellman Key Exchange  Diffie and Hellman provide a concrete construction of functions f0 and f1...

Ngày tải lên: 17/02/2014, 14:20

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Tài liệu Valuation and Clean Surplus Accounting for Operating and Financial Activities* pptx

Tài liệu Valuation and Clean Surplus Accounting for Operating and Financial Activities* pptx

... That is, in valuation function (12), one replacesfcv ,and ox" with fcv, =faf + oaf and ox" =oXf - (Rp - l)(oa, + Cf- OXf), and simplifies Thereafter one readily shows that Valuation and Clean Surplus ... /J Proposition 3:^ The valuation functloti can be expressed as^' where and (O, B = (Bi,B2) = The valuation function coefficients for operating assets and eamings, a , and a2, play an important ... positive weight and an adjustment is made Valuation and Clean Surplus Accounting 709 for either the dividends paid (see (13a) and (14a)) or the operating cash flows (see (13b) and (I4b)) These...

Ngày tải lên: 18/02/2014, 01:20

44 658 0
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