Blar i Centre for Corporate Governance Research (CCGR) på emneord "Equity offerings"
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Initial Public Offering or Initial Private Placement?
(CCGR Working Paper;4/2011, Working paper, 2011)This paper studies the choice between an auction and a negotiation when selling a large fraction of a company. Using detailed data on ownership structure in 123 public offerings and 88 negotiated private placements, we ...