Research Seminars

Do IPOs' Characteristics Affect the Likelihood of Post-Offering

Speaker: Dr Roberto Ragozzino
University of Central Florida

30 January 2006 - From 16h30 to 19h

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The strategy and financial economics literature have long investigated the problem of adverse selection between buyers and sellers in M&A markets, which can create inefficiencies and stop acquirers from gaining access to valuable resources and capabilities via acquisitions. In turn, the entrepreneurship literature has highlighted the challenges faced by entrepreneurial firms to raise external capital, due to the asymmetric information that separates them from prospective exchange partners. In this paper, we study initial public offerings and their characteristics as vehicles to bring these parties together in M&A. Precisely, we investigate several micro features of IPOs that provide signals mitigating the problems stemming from information asymmetry across entrepreneurial firms and acquirers. We construct hazard models that bring strong evidence that certain IPO characteristics can influence the likelihood of entrepreneurial firms attracting M&A suitors.

TBD

Accounting & Management Control

Speaker: Kalle Kraus
Stockholm School of Economics

14 September 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm


TBD

Accounting & Management Control

Speaker: Shiva Sivaramakrishnan
Rice University

15 June 2018 - HEC Paris - Room X120 - From 2:00 pm to 4:00 pm


Finance

Speaker: Matthieu Bouvard
Desautels Faculty of Management

14 June 2018 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Xin Wang
Hong Kong University

8 June 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm


Finance

Speaker: Mikhail Simutin
Rotman School of Management

7 June 2018 - From 2:00 pm to 3:15 pm


Finance

Speaker: Liyan Yang
Rotman School of Management

31 May 2018 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Hendrik Vollmer
University of Leicester

25 May 2018 - HEC Paris - Room T020 - From 2:00 pm to 4:00 pm


Finance

Speaker: Anton Lines
Columbia Business School

24 May 2018 - From 2:00 pm to 3:15 pm


Finance

Speaker: Ian Martin
LSE

17 May 2018 - From 2:00 pm to 3:15 pm


TBD

Accounting & Management Control

Speaker: Martin Giraudeau
LSE/Sci. Po

4 May 2018 - HEC Paris - Room T004 - From 2:00 pm to 4:00 pm



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