Keywords: Information asymmetries
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Journal Articles
Managerial Finance (2024) 50 (12): 2031–2046.
Published: 28 August 2024
... as an information releasing event that alters information asymmetries between borrowers and lenders and relying on several proxies for pre-IPO information asymmetries, I analyze the impact of the IPO on changes in borrowing costs from before to right after an IPO of firms with high pre-IPO information asymmetries...

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