[PDF] Top 20 Offer price : a contribution to the explanation of the IPO underpricing puzzle

... one of the most powerful advantages of going public, the idea that companies need to raise equity to finance new growth ...that the evidence does not support such ...tend ... See full document

... On the other hand, Baron (1982) and Baron & Holmström (1980) defend that the underwriter knows more than the issuer, therefore, there are information asymmetries between the issuer and ... See full document

... number of small investors, once aggregated in the public market, is able to provide a more informative stock price than the price obtained from a smaller group of ... See full document

... An IPO (Initial Public Offer) is the process that enables private companies to sell their shares for the first time in a stock ...exchange. The underwriter, usually an investment ... See full document

... In the past few decades Initial Public Offerings (IPOs) has been study in every shape and size, addressing several problems and studying several possible justifications for it, not only in a daily basis in a ... See full document

... Considering the important contribution that brands can have for artists, record labels are structuring themselves in order to connect with brands, being more proactive within the area ... See full document

... constant, the trajectories of z RVR sijt is a translation of the the correspondent RVR sit of the species in pure ...stand. The dominant species behaves as in pure ... See full document

... Objective: To identify and describe the behaviors of health professionals in the offer of anti-HIV test; to analyze the practices of professionals from ... See full document

... recognize the dynamics and evolution as an integral part of the nature of things, of their own relation with the ...due to either their yet unrestricted imagination or ... See full document

... that the OSCE’s primary objective, as part of the Economic and Environmental Dimension (EED), should be to prevent and contain ...conflicts. The OSCE can seek to attain these ... See full document

... those of F. maculatus, the other species of the genus described in the nymphal stage, by the following combination of characteristics: (1) labrum with anteromedian ... See full document

... used to issue Treasury Bills of the German Federal Government (‘Bubills’) in the primary ...market. The only institutions allowed to par- ticipate directly in the auctions ... See full document

... show the confinement of Cretaceous units to the east onshore part of the ...basin. The great differences in thicknesses within short distances, the abrupt lateral ... See full document

... over the centuries and continues to be used today in the search for the solution of moral ...conflicts. The present study begins by analyzing the different concepts ... See full document

... in Remedios, Furnas and Livramento by net on the 151h and the 21 It of July, and emerged from noctuid eggs collected from 15 to 21 of July, during the month of August and at the[r] ... See full document

... examination of lesional skin is usually diagnostic of PF (Yager and Wilcock, 1988; Broek, 1991; Preziosi et ...affect the histological appearance of PF. Cats that receive some form of ... See full document

... To examine this matter, a type of electrosyneresis was used to test sera from patients with non-hydatid diseases as well as sera from patients with confirmed hyda- tidos[r] ... See full document

... place to the ethyl alcohol 70%- chloride acid ...procedure, the discoloration became more efficient since the excess of fuchsin was better ...solution, the pink-reddish color ... See full document

... O sistema de construção de células (veja figura 2) faz com que a taxa de abelhas que conseguem sair do ninho seja muito pequena; nas células seriadas nascem primeiro [r] ... See full document

... by the Brazilian ...according to the data available on pages in may ...that the program maintains its audience informed, during the hours and days in which there is no its ...on ... See full document