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| Tekijä: | Ang, J.S. Brau, J.C. |
| Otsikko: | Firm transparency and the costs of going public |
| Lehti: | Journal of Financial Research
2002 : SPRING, VOL. 25:1, p. 1-17 |
| Asiasana: | INITIAL PUBLIC OFFERINGS PUBLIC COMPANIES |
| Vapaa asiasana: | TRANSPARENCY |
| Kieli: | eng |
| Tiivistelmä: | 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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