search query: @author Brau, J.C. / total: 2
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| Author: | Ang, J.S. Brau, J.C. |
| Title: | Firm transparency and the costs of going public |
| Journal: | Journal of Financial Research
2002 : SPRING, VOL. 25:1, p. 1-17 |
| Index terms: | INITIAL PUBLIC OFFERINGS PUBLIC COMPANIES |
| Freeterms: | TRANSPARENCY |
| Language: | eng |
| Abstract: | The authors demonstrate that firms that are more transparent pay less, in all components of issuance costs, to go public. They employ a sample of 334 previous leveraged buyouts and a characteristic-matched control sample to test the hypothesis that greater firm transparency before the issue decreases the flotation costs of the initial public offering. |
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