Impact of Corporate Governance on the Pricing and Performance of Bank Ipos.
Review of Business 2007, Fall, 28, 1
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Beschreibung des Verlags
Introduction This study aims to determine the effect of corporate governance-related variables on pricing and performance of initial public offerings (IPOs) by banking holding companies (BHCs). Specifically, this study tests the cross-sectional variation of the BHC IPOs' underpricing and long-run performance. The rest of this paper is organized as follows: section 2 presents the relevant literature review and some testable hypotheses; section 3 explains the methodology and models used in this research work; section 4 describes the sample and some descriptive statistics; section 5 presents empirical results; section 6 summarizes the main findings of this research work; and section 7 provides the references used in this paper.
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