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Lowry, Michelle Schwert, George William Chen, Lin Cousin, Jean-Gabriel Zou, Hong De Bodt, Eric Eaton, Gregory W. Liu, Tingting Fu, Fangjian Lin, Leming Hertzel, Michael G. Stegemoller, Mike Poulsen, Annette Brinch Wang, Rui Powell, Ronan Lin, Juichia Choy, Helen Li, Zhi Bereskin, Fred Huang, Peng Alimov, Azizjon Oh, Jong-Min Byun, Seong K. Shen, Beibei Schmid, Thomas Yanzhi, Wang Hsu, Po-Hsuan Chen, I-Ju Guo, Feng Roll, Richard Rodgers, Kimberly J. All co-authors Übernahme takeover ipo acquisitions firms merger returns fusion initial mergers value börsenkurs variability firm stock evidence overvalued higher underwriters unternehmenswert payment overvaluation information asymmetry acquirers volatility kapitaleinkommen unternehmensbewertung haftpflichtversicherung kapitalanlage börsengang volatilität effect financial method
Composed terms initial returns ipo initial mergers and acquisitions share price mergers acquisitions variability ipo firm value liability insurance information asymmetry capital income firm valuation financial investment initial public offering method payment payment transactions firms acquisitions acquisitions driven driven stock overvaluation good good deals cross border border mergers returns variability directors officers officers liability corporate liquidity overvalued firms overvalued acquirers monthly volatility volatility ipo returns substantial substantial fluctuates fluctuates dramatically dramatically time time considerably considerably larger larger quot quot hotquot hotquot ipo ipo markets markets consistent consistent ipo ipo volatility volatility initial returns higher higher firms firms whose whose value value difficult difficult estimate estimate firms firms higher higher information asymmetry findings findings highlight highlight underwriters underwriters difficulty difficulty valuing valuing companies companies characterized uncertainty result result raise raise questions questions efficacy efficacy traditional traditional firm firm commitment commitment underwritten underwritten ipo ipo process process implication implication results results alternate alternate mechanisms mechanisms auctions auctions beneficial beneficial particularly firms value value price price discovery discovery auxiliary agency theory 1965 2004 misvaluation stock
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The information on the author is retrieved from: Entity Facts (by DNB = German National Library data service), DBPedia and Wikidata
Micah S. Officer Dr. Alternative spellings: Micah Officer B: 1974 Biblio: Assistant Professor of Finance in the Marshall School at the University of Southern California (2006)
Profession Economist
Affiliations Loyola Marymount University. Hilton Center for Business
Publishing years Series NBER Working Paper (1) Simon School Working Paper (1) Simon Business School working paper (1) Working paper / National Bureau of Economic Research, Inc. (1)