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Keywords: Bargaining power
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2024) 50 (12): 2031–2046.
Published: 28 August 2024
... are consistent with changing information asymmetries caused by the IPO event playing a role in changes in borrowing costs after the IPO. Furthermore, I provide empirical evidence that a reduction in the lender’s bargaining power due to the IPO event plays an important role in explaining changes in borrowing...
