The Decision to Delist from the Stock Market

The Decision to Delist from the Stock Market
Author: Barbara Fidanza
Publisher: Springer
Total Pages: 185
Release: 2018-09-29
Genre: Business & Economics
ISBN: 3319950495

In an organized and organic way, this book covers all the possible theoretical and empirical facets of delisting, adding to the well-developed literature on IPOs. IPO and delisting are strictly related; the reasons for delisting may be found in the loss of the incentives that drove the firm to the public market in the past. However, the book presents unique motivations not directly related to the IPO decision. This book covers what the existing literature has not in focusing on specific aspects such as market liquidity and microstructure, listing costs, market for corporate control, corporate governance issues and so on. Of interest to academics and students, this contribution puts all pieces in order and finds a thread that can link each theory to the others.

Decisions

Decisions
Author: United States. Securities and Exchange Commission
Publisher:
Total Pages: 1114
Release: 1934
Genre: Securities
ISBN:

SEC Docket

SEC Docket
Author: United States. Securities and Exchange Commission
Publisher:
Total Pages: 952
Release: 1995
Genre: Securities
ISBN:

Economic Transplants

Economic Transplants
Author: Katja Langenbucher
Publisher: Cambridge University Press
Total Pages: 243
Release: 2017-10-19
Genre: Law
ISBN: 1108508898

Why and in what ways have lawyers been importing economic theories into a legal environment, and how has this shaped scholarly research, judicial and legislative work? Since the financial crisis, corporate or capital markets law has been the focus of attention by academia and media. Formal modelling has been used to describe how capital markets work and, later, has been criticised for its abstract assumptions. Empirical legal studies and regulatory impact assessments offered different ways forward. This book presents a new approach to the risks and benefits of interdisciplinary policy work. The benefits economic theory brings for reliable and tested lawmaking are contrasted with important challenges including the significant differences of research methodology, leading to misunderstandings and problems of efficient implementation of economic theory's findings into the legal world. Katja Langenbucher's innovative research scrutinises the potential of economic theory to European legislators faced with a lack of democratic accountability.

Decisions and Reports

Decisions and Reports
Author: United States. Securities and Exchange Commission
Publisher:
Total Pages: 1360
Release: 1998
Genre: Securities
ISBN:

Trading company shares at multiple stock exchanges. Costs and Benefits of U.S. cross-listings

Trading company shares at multiple stock exchanges. Costs and Benefits of U.S. cross-listings
Author: Laura Kalinska
Publisher: GRIN Verlag
Total Pages: 30
Release: 2016-05-10
Genre: Business & Economics
ISBN: 3668214018

Bachelor Thesis from the year 2015 in the subject Business economics - Investment and Finance, grade: 96/110, , course: Principles of International Finance, language: English, abstract: This thesis project aims to test the hypothesis whether or not there exists enough empirical evidence to prove that companies from developed countries with well-functioning capital markets have seen deteriorating benefits from cross-listing in the United States. We find evidence that support our hypothesis in light of the significant number of European companies terminat-ing their U.S. cross-listings after requirements for deregistering listings from the U.S. became less stringent in the year 2007. The trend also continued with the number of cross-listings by companies from the developed world steadily declining during the subsequent five years. The most cited reasons for cross-listing in the United States, such as greater access to investors, liquidity, a higher valuation and thus a lower cost of capital seems not to hold as strongly anymore. At least not for companies that come from countries where its capital markets have experienced a steady development in corporate governance standards so as to match that of the United States. Evidence point to the fact that the benefits that held for all non U.S. firms still hold strongly only for those companies coming from emerging economies and whose equity market standards are still well below that of stock exchanges in the United States.

The IPO Decision

The IPO Decision
Author: Jason Draho
Publisher: Edward Elgar Publishing
Total Pages: 400
Release: 2004-01-01
Genre: Business & Economics
ISBN: 9781781008782

Annotation Initial public offerings (IPOs) garnered unprecedented positive attention in the 1990s for their spectacular returns and central role in entrepreneurial activity. Subsequent revelations of unscrupulous IPO allocation and promotion practices cast a less fa.