...-year lock-up period are significantly undervalued by underwriters. H2. IPOs with a large proportion of locked-up shares are significantly undervalued by underwriters. Commitment IPO Lock-up Retained ownership Signaling Valuation G12 G18 G24 G32 G34...

... Relationship-based economy G24 M14 M21 An important issue for cross-border investment is the impact of cultural disparity on foreign venture capital (VC) performance, because cultural disparity leads to potentially severe conflicts or adverse performance of investment portfolios...

... Analyst coverage Information demand Institutional investor Retail investor G14 G23 G24 G29 Financial analysts are an integral component of information in financial markets, and there is much research investigating the effect of financial analyst coverage as well as what may motivate...

... of BKM (2003) and its two components to measure the option information content. Qingxia Wang can be contacted at: q.wang@uq.edu.au Good (bad) implied variance Informed traders Analyst recommendations Analyst tipping G12 G14 G24 Prior studies provide evidence that the option...

... credit ratings Subordinate ratings Categorical regressions G24 G31 G32 Modern managerial finance theories widely recognize that corporate risk-taking (CRT) is a vital piece of policy aiming at optimizing utilization of firms' assets, growth opportunities and revenue streams...