... companies use the new capital they raise in IPOs? How does the use of new capital affect the operating performance of IPO companies? Design/methodology/approach Matching firm approach, univariate and regression tests. Findings This paper finds that companies with higher research and development (R...

... a dual class share structure. This paper measures managerial ability using a score method design produced by (Demerjian et al., 2012). This paper follows (Chemmanur et al., 2011) in measuring post-IPO operating performance between dual and single-class firms. This paper follows Lyon...

...Matthew McCarten; Ivan Diaz-Rainey Purpose The purpose of this paper is to examine how the filing of a securities class action, and associated corrective actions taken by management, impact the operating performance of sued firms. Design/methodology/approach A matched sample is formed three...