Going Public: The Theory and Evidence on How Companies Raise Equity Finance

Name: Going Public: The Theory and Evidence on How Companies Raise Equity Finance
Brand: Oxford University Press
SKU: 1674325
Price: 4107.00 ZAR
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Features

Author	Tim Jenkinson, Alexander Ljungqvist
Format	Hardcover
ISBN	9780198295990
Publisher	Oxford University Press
Manufacturer	Oxford University Press

Description

A critical decision in the life of a company is if, and when, to `go public' by listing themselves on the stock exchange. Two anomalies are apparent: that companies taking this route systematically initially underprice their shares and that over the longer term they under-perform other companies. This second edition of Going Public investigates these issues in a non-technical manner, drawing upon international evidence from private sector companies and privatizations.

Comprehensively updated throughout, it includes a new chapter on secondary listing and reissues.

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