Browsing FGV EPGE - Seminários de Pesquisa Econômica by Title "Market timing as a motive for IPOs: evidence from IPOs of Japanese keiretsu firms"

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Market timing as a motive for IPOs: evidence from IPOs of Japanese keiretsu firms

Novaes, Walter
1997-08-28

This paper examines the relevance of market timing as a motive for initial public offerings (IPOs) by comparing IPOs of firms that are members of Japanese keiretsu industrial groups with IPOs of independent Japanese firms. ...