Specifically, we predict that reduced industry uncertainty (through greater … Peer Info is our proxy for peer information and X is a vector of control variables … Table 1. Investment-to-price sensitivities: model's predictions. This table … 1.. IntroductionExtensive SEC disclosure regulation and enforcement are often … The summary statistics of the CSM are presented in Panel A of Table 1.Overall, … As to the economic magnitude of these effects, the variables TR (−1) and TR (−2) … Eq. (1) refers to the PBE where IPO waves occur even without a productivity shock. … The effect that voluntarily disclosed managers' earnings forecasts have on … Table 1 compares characteristics of internet, non-internet technology, and all … Panel A of Table 1 characterizes institutional holdings and trading … WebAug 2, 2024 · Authors have furnished an Internet Appendix, which is available on the Oxford University Press Web site next to the link to the final published paper online. JEL G30 - …
IPO Peer E ects - Carlson School of Management
Web(JEL G30, G32)Authors have furnished an Internet Appendix, which is available on the Oxford University Press Web site next to the link to the final published paper online. IPO firms’ … Weban increase of 62 percent compared to the IPO propensity of rms that do not observe a peer IPO (a change from 0.20 percent per quarter to 0.33 percent per quarter). When run at a yearly frequency, our estimates imply an increase from an unconditional baseline propensity to go public of 1.22 percent per year to 2.04 percent per year. This result ... china tote shopper bag
Peer Effects in R&D Investment Policy: Evidence from China
WebJun 11, 2024 · In our paper, “IPO Peer Effects,” we explore this issue and provide empirical evidence that the IPO decision of a peer firm affects its competitors. A major challenge in … WebMay 1, 2024 · We find that peer effects on financial policy are robust when the firm’s revealed peer group consists of self-disclosed rivals that share at least one customer with the firm in a two-year... WebIPO Peer Effects (with Richard Thakor). 2024. Journal of Financial Economics, 144 (1), 206-226. [ JFE] [ Online Appendix] Do Mandatory Disclosure Requirements for Private Firms … china totem digital signage factory