Arbeitspapier

A note on firms' strategic behaviour during an IPO

When potential shareholders cannot observe the business conditions of the firms, the latter desiring to acquire capital by an IPO and operating under less favourable business conditions have a strong incentive to appear more successful.

Language
Englisch

Bibliographic citation
Series: IWP Discussion Paper ; No. 2002/1

Classification
Wirtschaft
Asymmetric and Private Information; Mechanism Design
Subject
IPO
asymmetric information
signalling game
Wertpapieremission
Asymmetrische Information
Signalling
Unternehmensentwicklung
Theorie

Event
Geistige Schöpfung
(who)
Weiss, Pia
Mai, Stefan
Event
Veröffentlichung
(who)
Universität zu Köln, Institut für Wirtschaftspolitik (iwp)
(where)
Köln
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Weiss, Pia
  • Mai, Stefan
  • Universität zu Köln, Institut für Wirtschaftspolitik (iwp)

Time of origin

  • 2002

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