search query: @author Zechner, J. / total: 16
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Author: | Stoughton, N.M. Pong Wong, K. Zechner, J. |
Title: | IPOs and product quality |
Journal: | Journal of Business
2001 : JUL, VOL. 74:3, p. 375-408 |
Index terms: | INITIAL PUBLIC OFFERINGS INTERNET PRODUCT QUALITY SHARE PRICES |
Language: | eng |
Abstract: | Given recent public attention paid to high-flying Internet IPOs such as Yahoo and Amazon.com, the authors explore a product market motive for going public. They develop a model where consumers discern product quality from the stock price. The model predicts that only better-quality firms will go public. |
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