• No se han encontrado resultados

Optimal IPO timing : a general equilibrium approach in endowment economies

N/A
N/A
Protected

Academic year: 2020

Share "Optimal IPO timing : a general equilibrium approach in endowment economies"

Copied!
68
0
0

Texto completo

Loading

Figure

Figure 4.3 shows the behaviour of expected hitting time to IPO against different initial sizes (relative to the market)
Figure 4.11 shows the relation of the Beta at which a company optimally triggers the IPO against correlation of the dividend streams
Figure 4.12 shows the relations between the optimal size at which a company IPOs versus its Beta in that moment

Referencias

Documento similar

These variables of interest include a binary variable to capture market failure (the recessionary state), asset prices (wealth effect), RPCE, a broader measure of money supply

In the “big picture” perspective of the recent years that we have described in Brazil, Spain, Portugal and Puerto Rico there are some similarities and important differences,

If the student or his/her parents, the person who exercises parental authority or the person who is responsible for paying tuition does not appear before the Committee, the

At equilibrium the relative market power (price impact) of a group increases with the precision of its private information and declines with its transaction costs.. An increase

Even though he was well known in Spain because of his trip to Madrid and his disputes with Clavijo y Fajardo, before 1808 only the Barbier de Séville had been translated by

First, it studies the impact of the entrepreneur's capacity (training, experience and confidence) on business performance, and investigates the mediation of other factors such as

Government policy varies between nations and this guidance sets out the need for balanced decision-making about ways of working, and the ongoing safety considerations

No obstante, como esta enfermedad afecta a cada persona de manera diferente, no todas las opciones de cuidado y tratamiento pueden ser apropiadas para cada individuo.. La forma