Year: 2008
Type: dissertation
Abstract: This thesis empirically investigates the motive for and the timing of initial public\nofferings (IPOs) in the UK. Due to an apparent lack of research, the two questions as to\nwhy firms choose to go public and how they time their IPOs are left under-addressed in\nthe existing IPO literature. Answers to these questions are critical to understand IPO\nactivities and the extent to which firms can make efficient use of the stock market.\nThe empirical studies in this thesis were based on a large and unique sample of 183 UK\nIPOs that floated on the London Stock Exchange during 1998–2003 and a control group\nof 2135 UK firms that remained private during 1996–2007. [Continues.]
Author: Fei Jiang
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2887661854