Keywords
Cash management; Product market competition; IPOs; Governance; Power structure
Article outline
Abstract
Highlights
JEL classification
Keywords
1. Introduction
2. Data description and methodology
2.1. Sample description
2.2. Measurement of governance variables
2.3. Measures of product market competition
2.4. Empirical methodology
2.4.1. Methodology for estimating determinants of post IPO cash reserves
2.4.2. Estimation of the determinants of the marginal value of post-IPO cash reserves
3. Empirical results
3.1. Univariate results
3.2. Determinants of post-IPO cash reserves
3.3. Governance mechanisms and the marginal value of post-IPO cash reserves
3.4. Excess cash reserves and post-IPO investment decisions
3.5. Excess cash reserves, governance and post-IPO performance
3.6. Robustness tests
4. Conclusions
References
دانلود:
دانلود مقاله لاتین حاکمیت شرکتی، رقابت در بازار محصول و مدیریت نقدینگی در عرضه اولیه عمومی امتیاز مورد نیاز
2
2
دوشنبه, 10 آبان 1395 16:23
207.05 KB
0 دانلود || وارد شوید
