FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122554628> ?p ?o ?g. }

• W3122554628 endingPage "1405" @default.
• W3122554628 startingPage "1367" @default.
• W3122554628 abstract "Abstract We propose a model that links a firm’s decision to go public with its subsequent takeover strategy. A private bidder does not know a firm’s true valuation, which affects its gain from a potential takeover. Consequently, a private bidder pursues a suboptimal restructuring policy. An alternative route is to complete an initial public offering (IPO) first. An IPO reduces valuation uncertainty, leading to a more efficient acquisition strategy, therefore enhancing firm value. We calibrate the model using data on IPOs and mergers and acquisitions (M&As). The resulting comparative statics generate several novel qualitative and quantitative predictions, which complement the predictions of other theories linking IPOs and M&As. For example, the time it takes a newly public firm to attempt an acquisition of another firm is expected to increase in the degree of valuation uncertainty prior to the firm’s IPO and in the cost of going public, and it is expected to decrease in the valuation surprise realized at the time of the IPO. We find strong empirical support for the model’s predictions." @default.
• W3122554628 created "2021-02-01" @default.
• W3122554628 creator A5047493627 @default.
• W3122554628 creator A5048202226 @default.
• W3122554628 creator A5061358128 @default.
• W3122554628 date "2011-06-07" @default.
• W3122554628 modified "2023-10-16" @default.
• W3122554628 title "A Theory of Merger-Driven IPOs" @default.
• W3122554628 cites W1969632991 @default.
• W3122554628 cites W1972195799 @default.
• W3122554628 cites W1977742850 @default.
• W3122554628 cites W1988545908 @default.
• W3122554628 cites W1995208417 @default.
• W3122554628 cites W2002818056 @default.
• W3122554628 cites W2022932300 @default.
• W3122554628 cites W2024623582 @default.
• W3122554628 cites W2047134779 @default.
• W3122554628 cites W2053074030 @default.
• W3122554628 cites W2060542710 @default.
• W3122554628 cites W2066357210 @default.
• W3122554628 cites W2069223897 @default.
• W3122554628 cites W2071869434 @default.
• W3122554628 cites W2073049866 @default.
• W3122554628 cites W2076174106 @default.
• W3122554628 cites W2084768353 @default.
• W3122554628 cites W2090117229 @default.
• W3122554628 cites W2091957067 @default.
• W3122554628 cites W2094442264 @default.
• W3122554628 cites W2116244102 @default.
• W3122554628 cites W2117777479 @default.
• W3122554628 cites W2128055048 @default.
• W3122554628 cites W2138246053 @default.
• W3122554628 cites W2139272920 @default.
• W3122554628 cites W2146329570 @default.
• W3122554628 cites W2147206255 @default.
• W3122554628 cites W2157143093 @default.
• W3122554628 cites W2158027494 @default.
• W3122554628 cites W2164012255 @default.
• W3122554628 cites W2165950023 @default.
• W3122554628 cites W3023246137 @default.
• W3122554628 cites W3121170693 @default.
• W3122554628 cites W3121689436 @default.
• W3122554628 cites W3121906526 @default.
• W3122554628 cites W3122096248 @default.
• W3122554628 cites W3122150082 @default.
• W3122554628 cites W3122367063 @default.
• W3122554628 cites W3123590601 @default.
• W3122554628 cites W3123726644 @default.
• W3122554628 cites W3123821384 @default.
• W3122554628 cites W3123843583 @default.
• W3122554628 cites W3123951213 @default.
• W3122554628 cites W3123996222 @default.
• W3122554628 cites W3125210284 @default.
• W3122554628 cites W3125338039 @default.
• W3122554628 cites W3125381584 @default.
• W3122554628 cites W3125531661 @default.
• W3122554628 cites W3125721459 @default.
• W3122554628 cites W3126053364 @default.
• W3122554628 cites W3126077399 @default.
• W3122554628 cites W3126106534 @default.
• W3122554628 cites W4229967627 @default.
• W3122554628 cites W4233289690 @default.
• W3122554628 doi "https://doi.org/10.1017/s0022109011000421" @default.
• W3122554628 hasPublicationYear "2011" @default.
• W3122554628 type Work @default.
• W3122554628 sameAs 3122554628 @default.
• W3122554628 citedByCount "77" @default.
• W3122554628 countsByYear W31225546282012 @default.
• W3122554628 countsByYear W31225546282013 @default.
• W3122554628 countsByYear W31225546282014 @default.
• W3122554628 countsByYear W31225546282015 @default.
• W3122554628 countsByYear W31225546282016 @default.
• W3122554628 countsByYear W31225546282017 @default.
• W3122554628 countsByYear W31225546282018 @default.
• W3122554628 countsByYear W31225546282019 @default.
• W3122554628 countsByYear W31225546282020 @default.
• W3122554628 countsByYear W31225546282021 @default.
• W3122554628 countsByYear W31225546282022 @default.
• W3122554628 countsByYear W31225546282023 @default.
• W3122554628 crossrefType "journal-article" @default.
• W3122554628 hasAuthorship W3122554628A5047493627 @default.
• W3122554628 hasAuthorship W3122554628A5048202226 @default.
• W3122554628 hasAuthorship W3122554628A5061358128 @default.
• W3122554628 hasBestOaLocation W31225546282 @default.
• W3122554628 hasConcept C10138342 @default.
• W3122554628 hasConcept C106159729 @default.
• W3122554628 hasConcept C121955636 @default.
• W3122554628 hasConcept C12559387 @default.
• W3122554628 hasConcept C144133560 @default.
• W3122554628 hasConcept C162324750 @default.
• W3122554628 hasConcept C175444787 @default.
• W3122554628 hasConcept C186027771 @default.
• W3122554628 hasConcept C23032112 @default.
• W3122554628 hasConcept C45237549 @default.
• W3122554628 hasConcept C48875124 @default.
• W3122554628 hasConcept C548217281 @default.
• W3122554628 hasConceptScore W3122554628C10138342 @default.
• W3122554628 hasConceptScore W3122554628C106159729 @default.

• next