JER, 第 6-7 卷Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 2001 |
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第 127 頁
... firms using prestigious underwriters ex- perience less underpricing on average than firms using non - prestigious underwriters . This is particularly true for carve - outs , as the parents represent established firms which are more ...
... firms using prestigious underwriters ex- perience less underpricing on average than firms using non - prestigious underwriters . This is particularly true for carve - outs , as the parents represent established firms which are more ...
第 138 頁
... firms trading at OTC ) . These returns are raw returns for the carved - out firms . Figure 1 shows the returns for all the 80 firms in the sample . We splice the sample into two sub samples - firms which experienced positive returns on ...
... firms trading at OTC ) . These returns are raw returns for the carved - out firms . Figure 1 shows the returns for all the 80 firms in the sample . We splice the sample into two sub samples - firms which experienced positive returns on ...
第 141 頁
... firm each , 2 banks represented 2 firms each , 2 banks played lead- ing underwriters for 3 firms each , 4 underwriters represented 4 firms each , 1 bank represented 5 firms , and 1 bank represented 8 carved - out firms in the sample ...
... firm each , 2 banks represented 2 firms each , 2 banks played lead- ing underwriters for 3 firms each , 4 underwriters represented 4 firms each , 1 bank represented 5 firms , and 1 bank represented 8 carved - out firms in the sample ...
內容
Shahidur Rahman Sandly Sian Li Ngiang Serina | 29 |
in collaboration with Hanyang Economic Research Institute | 131 |
J4351 | |
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aggregate risk sharing Alog(c analysis assets assume bt+1 capital controls capital stock carved-out IPOs coefficient compliance constraint consumption denotes devaluation Doosan eco-label Economic Research effect efficiency wage elasticity empirical endowment enforcement environmental investments Equation equilibrium estimated exchange rate expected Əzi firms forecasts forward rate process Hanyang University households human capital increase input inspections interest rate IPOs Journal of Economic knowledge capital Korea Korea University labor income measure Monopolistic competition negative number of paddocks optimal order conditions output p-value paper parameters percent period plant prediction intervals problem Pt+1 R&D spillover rangeland rate of return regions and industries regression regulator regulatory risk aversion risk sharing sample Seoul National University shocks short duration grazing significant social rate solution speculative bubble Statistics steady Table tax rates tion trading day underpricing underwriters unemployment rate variables zero