Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/39247
Authors: 
Weiss, Pia
Mai, Stefan
Year of Publication: 
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

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