?Do U.S. firms fly higher when bypassing the U.S. capital markets? An investigation of the short- and long-run performance of foreign IPOs
نام عام مواد
[Thesis]
نام ساير پديدآوران
;supervisor: Chen, Hiawei
وضعیت نشر و پخش و غیره
نام ناشر، پخش کننده و غيره
The University of Texas - Pan American: United States -- Texas
تاریخ نشرو بخش و غیره
: 2012
مشخصات ظاهری
نام خاص و کميت اثر
125 Pages
یادداشتهای مربوط به پایان نامه ها
جزئيات پايان نامه و نوع درجه آن
Ph.D.
یادداشتهای مربوط به خلاصه یا چکیده
متن يادداشت
This dissertation studies the performance of U.S. firms that partake in a foreign IPO - bypassing their domestic exchanges and raising the equity in a foreign market. Chapter one provides an introduction and brief review of the main research questions and results. Chapter 2 provides a detailed literature review on IPOs. This includes relevant studies on the long- and short-run performance of IPOs, and theories for IPO underpricing as well as an international component of the IPO literature. Additional cross-listing literature is also reviewed to provide a more complete and balanced understanding of the international market for equity. Lastly, chapter 2 develops testable hypotheses. Chapter 3 discusses data and the matching methodology for the investigation of the performance of foreign IPOs in both the short- and long-term. Chapter 4 examines the short-run performance and the underpricing of the foreign IPO sample and provides some explanation as to why such results are present. Chapter 5 examines the long-run performance of foreign IPOs and provides commentary on the results. Chapter 6 summarizes the results and provides implications for academics and practitioners.
موضوع (اسم عام یاعبارت اسمی عام)
موضوع مستند نشده
Finance
اصطلاحهای موضوعی کنترل نشده
اصطلاح موضوعی
Social sciences
اصطلاح موضوعی
United States
اصطلاح موضوعی
Capital structure
اصطلاح موضوعی
Globalization
اصطلاح موضوعی
IPOs
اصطلاح موضوعی
Long-run retruns
اصطلاح موضوعی
Regulation
اصطلاح موضوعی
Underpricing
نام شخص به منزله سر شناسه - (مسئولیت معنوی درجه اول )