@MISC{Taranto03employeestock, author = {Mark Allen Taranto and Espen Eckbo and Diego Garcia and Pete Kyle and Stewart Myers and Gordon Phillips}, title = {Employee Stock Options and the Underpricing of Initial …
Pham, Peter K. Kalev, Petko S. Steen, Adam B. George M. Constantinides, 2005. "Capital Market Equilibrium with Transaction Costs," World Scientific Book Chapters, in: Theory Of Valuation, chapter 7, pages 207-227 …
This paper investigates the phenomenon of Initial Public Offerings underpricing on China A-share market both in Shanghai stock market and Shenzhen Stock ranging from the year 2003 to 2007. Firstly the research …
Sign up to access the rest of the document. Unformatted text preview: D. underpricing an issue is a cost to existing owners. 55. The direct expense of a stock issue includes the: A. cost of underpricing the stock. B. …
Abstract This paper provides evidence for a causal effect of equity prices on corporate investment and employment. We use fire sales by distressed equity funds during the 2007–2009 financial crisis to identify …
Traders have to borrow a stock to go short and many stocks are costly to borrow ... the views of not-fully-rational investors may not be reflected as underpricing because sophisticated investors can simply hold long …
momentum
Growth Enterprize Markets (GEM) in China was established in October 30, 2009. The paper analyses the …
While the political tensions mount at the heart of a particularly polarized Turkish society, the financial markets are likely underpricing the risk …
Turkey
Markets are underpricing the prospect of Marine Le Pen emerging victorious ... and the European banking system would be beset by seismic turmoil, he said. (Updates with stock index in ninth paragraph.)
2. To observe the effect of IPO underpricing on primary and secondary market returns in the Indian stock exchange, and derive conclusions on the same. The remainder of this paper is as follows: Section 2 …