In this paper, we investigate the post-IPO operating performance of acquiring companies listed in the US in the period 1986\u20132008. We find that acquiring IPO firms delivers better operating returns when compared to non-acquiring IPO firms in the five years after the listing. This result holds controlling for both IPO and firm-specific characteristics. Furthermore, acquiring targets already listed on the stock exchange and running stock deals are associated with the improved operating performance. Finally, we find that acquisitions also affect the newly listed companies\u2019 survival, reducing both the time to failure and the time to being acquired, which suggest a structural acceleration of the \u201cnatural\u201d company lifecycle
While studies have documented that Initial Public Offering (IPO) aftermarket performance is weak, li...
We empirically examine the impact of firm-level strategic investment choices on post-issue operating...
Purpose This paper has two main purposes. First, this paper aims to examine whether pre-initial publ...
In this paper, we investigate the post-IPO operating performance of acquiring companies listed in th...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
In this paper, I review the finance literature on the costs and benefits of mergers and acquisitions...
We examine the impact of strategic investment choices at the time of the IPO on: (i) the post-issue ...
Investing in IPOs has provided great earning opportunities for investors. This might be the reason w...
Investing in IPOs has provided great earning opportunities for investors. This might be the reason w...
This study compares the profitability, operational efficiency, and firm value over the 1985-1990 per...
Seasoned equity offerings (SEO) and initial public offerings (IPO) affect negatively on long-run ret...
While studies have documented that Initial Public Offering (IPO) aftermarket performance is weak, li...
While studies have documented that Initial Public Offering (IPO) aftermarket performance is weak, li...
We empirically examine the impact of firm-level strategic investment choices on post-issue operating...
Purpose This paper has two main purposes. First, this paper aims to examine whether pre-initial publ...
In this paper, we investigate the post-IPO operating performance of acquiring companies listed in th...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
We study the post-initial public offering (IPO) operating performance of 245 European firms that com...
In this paper, I review the finance literature on the costs and benefits of mergers and acquisitions...
We examine the impact of strategic investment choices at the time of the IPO on: (i) the post-issue ...
Investing in IPOs has provided great earning opportunities for investors. This might be the reason w...
Investing in IPOs has provided great earning opportunities for investors. This might be the reason w...
This study compares the profitability, operational efficiency, and firm value over the 1985-1990 per...
Seasoned equity offerings (SEO) and initial public offerings (IPO) affect negatively on long-run ret...
While studies have documented that Initial Public Offering (IPO) aftermarket performance is weak, li...
While studies have documented that Initial Public Offering (IPO) aftermarket performance is weak, li...
We empirically examine the impact of firm-level strategic investment choices on post-issue operating...
Purpose This paper has two main purposes. First, this paper aims to examine whether pre-initial publ...