Pricing and Performance of Initial Public Offerings in the United States

Download Pricing and Performance of Initial Public Offerings in the United States PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 1351496743
Total Pages : 156 pages
Book Rating : 4.3/5 (514 download)

DOWNLOAD NOW!


Book Synopsis Pricing and Performance of Initial Public Offerings in the United States by : Arvin Ghosh

Download or read book Pricing and Performance of Initial Public Offerings in the United States written by Arvin Ghosh and published by Routledge. This book was released on 2017-07-05 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this timely volume on newly emerging financial mar- kets and investment strategies, Arvin Ghosh explores the intriguing topic of initial public offerings (IPOs) of securities, among the most significant phenomena in the United States stock markets in recent years. Before the 2000-2001 market turndown, hardly a week went by when more than a few companies did not become public, either in the organized stock exchange or in the Over the Counter (OTC) market. In the often over-burdened, technology-heavy Nasdaq market, the role of IPOs was crucial for the market's new vigor and growth. Internet stocks were able to find a mode to supply key momentum to the market. In the so-called "New Economy" of the 1990s, it was the seductively accessible IPO that ushered in the world's information technology revolution.Ghosh sets out to examine the pricing and financial performance of IPOs in the United States during the period 1990-2001. In the opening chapter he discusses the rise and fall of IPOs in the preceding decade. Chapter 2 further delineates the IPO process from the start of the prospectus to the end of the "quiet period" and aftermarket stabilization. In chapter 3 Ghosh analyzes the mispricing and deliberately deceptive underpricing, or "flipping," of Internet IPOs. Chapter 4 delves deeper into the pricing and operating efficiency of Nasdaq IPOs. Chapter 5 analyzes the pricing and long-run performance of IPOs both in the New York Stock Exchange and in the Nasdaq markets. In chapters 6 and 7 the author deals with the pricing and performance of the venture-blocked and nonventure-backed IPOs in general and Internet IPOs in particular. In chapter 8 he analyzes the role of underwriters as market makers. In chapter 9 Ghosh discusses the accuracy of analysts' earnings forecasts. In the concluding chapter, he summarizes the principal findings of the study and the recent revival of the IPO market and its place in capital formation as well as the latest developments in t

The Handbook of Corporate Earnings Analysis

Download The Handbook of Corporate Earnings Analysis PDF Online Free

Author :
Publisher : Irwin Professional Publishing
ISBN 13 :
Total Pages : 398 pages
Book Rating : 4.3/5 (512 download)

DOWNLOAD NOW!


Book Synopsis The Handbook of Corporate Earnings Analysis by : Brian R. Bruce

Download or read book The Handbook of Corporate Earnings Analysis written by Brian R. Bruce and published by Irwin Professional Publishing. This book was released on 1994 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Investments

Download Investments PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0470477121
Total Pages : 1281 pages
Book Rating : 4.4/5 (74 download)

DOWNLOAD NOW!


Book Synopsis Investments by : Charles P. Jones

Download or read book Investments written by Charles P. Jones and published by John Wiley & Sons. This book was released on 2009-10-26 with total page 1281 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s economy, it’s critical for investors to have a strong understanding of the strategies needed to make the best decisions. Jones arms them with the most up-to-date information in the field while offering a proper balance between investment opportunities, techniques and analytics. He includes new discussions on the rapid rise and interest in exchange-traded funds, the new NYSE-Euronext market, the merger of the NYSE and Amex, and more. Expanded coverage is also presented in behavioral finance and the bond markets. In addition, investors will benefit from the updated problems and questions that really make them think of the most effective moves before acting.

Contrarian Investment Strategies

Download Contrarian Investment Strategies PDF Online Free

Author :
Publisher : Simon and Schuster
ISBN 13 : 0743297962
Total Pages : 498 pages
Book Rating : 4.7/5 (432 download)

DOWNLOAD NOW!


Book Synopsis Contrarian Investment Strategies by : David Dreman

Download or read book Contrarian Investment Strategies written by David Dreman and published by Simon and Schuster. This book was released on 2012-01-10 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces important new findings in psychology to demonstrate why most investment strategies are flawed, outlining atypical strategies designed to prevent over- and under-valuations while crash-proofing a portfolio.

Valuation Approaches and Metrics

Download Valuation Approaches and Metrics PDF Online Free

Author :
Publisher : Now Publishers Inc
ISBN 13 : 1601980140
Total Pages : 102 pages
Book Rating : 4.6/5 (19 download)

DOWNLOAD NOW!


Book Synopsis Valuation Approaches and Metrics by : Aswath Damodaran

Download or read book Valuation Approaches and Metrics written by Aswath Damodaran and published by Now Publishers Inc. This book was released on 2005 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.

Proceedings of the 1982 Academy of Marketing Science (AMS) Annual Conference

Download Proceedings of the 1982 Academy of Marketing Science (AMS) Annual Conference PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 3319169467
Total Pages : 644 pages
Book Rating : 4.3/5 (191 download)

DOWNLOAD NOW!


Book Synopsis Proceedings of the 1982 Academy of Marketing Science (AMS) Annual Conference by : Vinay Kothari

Download or read book Proceedings of the 1982 Academy of Marketing Science (AMS) Annual Conference written by Vinay Kothari and published by Springer. This book was released on 2015-05-13 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume includes the full proceedings from the 1982 Academy of Marketing Science (AMS) Annual Conference held in Las Vegas, Nevada. It provides a variety of quality research in the fields of marketing theory and practice in areas such as consumer behaviour, marketing management, marketing education, industrial marketing, and international marketing, among others. Founded in 1971, the Academy of Marketing Science is an international organization dedicated to promoting timely explorations of phenomena related to the science of marketing in theory, research, and practice. Among its services to members and the community at large, the Academy offers conferences, congresses and symposia that attract delegates from around the world. Presentations from these events are published in this Proceedings series, which offers a comprehensive archive of volumes reflecting the evolution of the field. Volumes deliver cutting-edge research and insights, complimenting the Academy’s flagship journals, the Journal of the Academy of Marketing Science (JAMS) and AMS Review. Volumes are edited by leading scholars and practitioners across a wide range of subject areas in marketing science.

Advances in Accounting Behavioral Research

Download Advances in Accounting Behavioral Research PDF Online Free

Author :
Publisher : Emerald Group Publishing
ISBN 13 : 0762313536
Total Pages : 249 pages
Book Rating : 4.7/5 (623 download)

DOWNLOAD NOW!


Book Synopsis Advances in Accounting Behavioral Research by : Vicky Arnold

Download or read book Advances in Accounting Behavioral Research written by Vicky Arnold and published by Emerald Group Publishing. This book was released on 2006-06-05 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an empirical research in accounting theory. This book includes content that crosses into the fields of applied psychology, sociology, management science, and economics.

Quarterly Journal of Business and Economics

Download Quarterly Journal of Business and Economics PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 530 pages
Book Rating : 4.:/5 (31 download)

DOWNLOAD NOW!


Book Synopsis Quarterly Journal of Business and Economics by :

Download or read book Quarterly Journal of Business and Economics written by and published by . This book was released on 1989 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Cost of Capital

Download The Cost of Capital PDF Online Free

Author :
Publisher : Bloomsbury Publishing USA
ISBN 13 : 0313035717
Total Pages : 342 pages
Book Rating : 4.3/5 (13 download)

DOWNLOAD NOW!


Book Synopsis The Cost of Capital by : Cleveland S. Patterson

Download or read book The Cost of Capital written by Cleveland S. Patterson and published by Bloomsbury Publishing USA. This book was released on 1995-04-30 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge about the magnitude of the cost of capital invested in an asset and its determinants is essential for the analysis of corporate investment decisions and for assessing profitability. This book provides a clear conceptual understanding of the cost of capital, the characteristics of an asset that influence it, and a critical, comprehensive, and up-to-date evaluation of practical means for estimating its magnitude. It is intended primarily for use by professional managers, but will also be valuable to future managers in advanced capital budgeting courses. The focus of the discussion is on estimation methods that are theoretically sound and consistent with a corporate goal of value creation. Three methods are analyzed in depth: the discounted cash flow model, the capital asset pricing model, and arbitrage pricing theory. For each method, the basic theory is set out in a nontechnical manner and empirical evidence in support of the model is critically reviewed. The bulk of the discussion then focuses on practical means for implementing the methods for decision-making purposes. Later chapters focus on the effects of the debt-supporting characteristics of assets, on the valuation of options embedded in securities, and on the estimation of the cost of capital for evaluating international investments. The final chapter discusses certain aspects of the use of cost of capital in public utility regulation. Care is taken to separate out key issues from more peripheral material through a comprehensive set of supplementary notes.

International Journal of Forecasting

Download International Journal of Forecasting PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.2/5 (7 download)

DOWNLOAD NOW!


Book Synopsis International Journal of Forecasting by : International institute of forecasters

Download or read book International Journal of Forecasting written by International institute of forecasters and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Corporate Controller's Handbook of Financial Management 2008-2009

Download Corporate Controller's Handbook of Financial Management 2008-2009 PDF Online Free

Author :
Publisher : CCH
ISBN 13 : 9780808091721
Total Pages : 1784 pages
Book Rating : 4.0/5 (917 download)

DOWNLOAD NOW!


Book Synopsis Corporate Controller's Handbook of Financial Management 2008-2009 by : Jae K. Shim

Download or read book Corporate Controller's Handbook of Financial Management 2008-2009 written by Jae K. Shim and published by CCH. This book was released on 2008 with total page 1784 pages. Available in PDF, EPUB and Kindle. Book excerpt: CCH's Corporate Controller's Handbook of Financial Management is a comprehensive source of practical solutions, strategies, techniques, procedures, and formulas covering all key aspects of accounting and financial management. Its examples, checklists, step-by-step instructions, and other practical working tools simplify complex financial management issues and give CFOs, corporate financial managers, and controllers quick answers to day-to-day questions.

Financial Gatekeepers

Download Financial Gatekeepers PDF Online Free

Author :
Publisher : Brookings Institution Press
ISBN 13 : 0815729820
Total Pages : 216 pages
Book Rating : 4.8/5 (157 download)

DOWNLOAD NOW!


Book Synopsis Financial Gatekeepers by : Yasuyuki Fuchita

Download or read book Financial Gatekeepers written by Yasuyuki Fuchita and published by Brookings Institution Press. This book was released on 2007-02-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Nomura Institute of Capital Markets Research publication Developed country capital markets have devised a set of institutions and actors to help provide investors with timely and accurate information they need to make informed investment decisions. These actors have become known as "financial gatekeepers" and include auditors, financial analysts, and credit rating agencies. Corporate financial reporting scandals in the United States and elsewhere in recent years, however, have called into question the sufficiency of the legal framework governing these gatekeepers. Policymakers have since responded by imposing a series of new obligations, restrictions, and punishments—all with the purpose of strengthening investor confidence in these important actors. Financial Gatekeepers provides an in-depth look at these new frameworks, especially in the United States and Japan. How have they worked? Are further refinements appropriate? These are among the questions addressed in this timely and important volume. Contributors include Leslie Boni (University of New Mexico), Barry Bosworth (Brookings Institution), Tomoo Inoue (Seikei University), Zoe-Vonna Palmrose (University of Southern California), Frank Partnoy (University of San Diego School of Law), George Perry (Brookings Institution), Justin Pettit (UBS), Paul Stevens (Investment Company Institute), Peter Wallison (American Enterprise Institute).

Analyzing the Analysts

Download Analyzing the Analysts PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 288 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!


Book Synopsis Analyzing the Analysts by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book Analyzing the Analysts written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2001 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Earnings Management

Download Earnings Management PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 0387257713
Total Pages : 587 pages
Book Rating : 4.3/5 (872 download)

DOWNLOAD NOW!


Book Synopsis Earnings Management by : Joshua Ronen

Download or read book Earnings Management written by Joshua Ronen and published by Springer Science & Business Media. This book was released on 2008-08-06 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a study of earnings management, aimed at scholars and professionals in accounting, finance, economics, and law. The authors address research questions including: Why are earnings so important that firms feel compelled to manipulate them? What set of circumstances will induce earnings management? How will the interaction among management, boards of directors, investors, employees, suppliers, customers and regulators affect earnings management? How to design empirical research addressing earnings management? What are the limitations and strengths of current empirical models?

Quantity and Quality in Economic Research

Download Quantity and Quality in Economic Research PDF Online Free

Author :
Publisher : Routledge
ISBN 13 : 0429816154
Total Pages : 253 pages
Book Rating : 4.4/5 (298 download)

DOWNLOAD NOW!


Book Synopsis Quantity and Quality in Economic Research by : Theologos Homer Bonitsis

Download or read book Quantity and Quality in Economic Research written by Theologos Homer Bonitsis and published by Routledge. This book was released on 2019-01-04 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997, this volume responded to a current national concern with quality control. Part 1 addresses issues including the US trade deficit, international lending to Brazil and the traditional theory of international finance. Part 2 explores topics such as the history of statistics in the West and former East and the haphazard axiomatic methodological basis of traditional econometrics. Finally, part 3 consists of 7 papers on applied economics and finance, including predicting the success of takeover bids and an examination of the economic determinants of juvenile crime in New York City.

An Empirical Investigation of Bias in Analysts' Earnings Forecasts

Download An Empirical Investigation of Bias in Analysts' Earnings Forecasts PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 318 pages
Book Rating : 4.3/5 (129 download)

DOWNLOAD NOW!


Book Synopsis An Empirical Investigation of Bias in Analysts' Earnings Forecasts by : Hakan Saraoglu

Download or read book An Empirical Investigation of Bias in Analysts' Earnings Forecasts written by Hakan Saraoglu and published by . This book was released on 1996 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Valuation of Unlisted Direct Investment Equity

Download Valuation of Unlisted Direct Investment Equity PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451873891
Total Pages : 75 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Valuation of Unlisted Direct Investment Equity by : Emmanuel O. Kumah

Download or read book Valuation of Unlisted Direct Investment Equity written by Emmanuel O. Kumah and published by International Monetary Fund. This book was released on 2009-11-01 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the seven valuation methods for unlisted direct investment equity included in the recently adopted IMF Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6). Based on publicly available Danish data, we test the three methods that are generally applicable and find that the choice of valuation method and estimation technique can have a highly significant impact on the international investment position, pointing to the need for further harmonization. The results show that the price-to-book value method generates more robust market value estimates than the price-to-earnings method. This finding suggests that the valuation basis for the forthcoming Coordinated Direct Investment Survey - own funds at book value -will provide useful information for compiling the international investment position.