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Title:A note on firms' strategic behaviour during an IPO PDF Logo
Authors:Weiss, Pia
Mai, Stefan
Issue Date:2002
Series/Report no.:IWP Discussion Paper 2002/1
Abstract: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.
Subjects:IPO
asymmetric information
signalling game
JEL:D82
Document Type:Working Paper
Appears in Collections:iwp Discussion Papers, Institut für Wirtschaftspolitik, Universität Köln

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