Zobrazeno 1 - 10
of 39
pro vyhledávání: '"Richard H. Pettway"'
Autor:
Takashi Kaneko, Richard H Pettway
Publikováno v:
Pacific-Basin Finance Journal. 11:439-462
With the spread of U.S.-style book building, auctions have become less popular as IPO pricing mechanisms in the world. Does book building provide a better mechanism for issuing firms than auctions? Japan provides an interesting laboratory to compare
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::8e85677e10982d854f9e19c79faad9e7
https://doi.org/10.1016/s0927-538x(03)00049-0
https://doi.org/10.1016/s0927-538x(03)00049-0
Autor:
Richard H. Pettway, Harjeet S. Bhabra
Publikováno v:
The Financial Review. 38:369-397
Initial public offerings underperform in the long run; however, there is very little evidence on their cross-sectional variation. Using a random sample of IPOs from 1987 through 1991 and gathering their prospectus data, we show that financial and ope
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::25b4a3f5e7adf5bd32e45ff4c5acf2dd
https://doi.org/10.1111/1540-6288.00051
https://doi.org/10.1111/1540-6288.00051
Autor:
Richard H. Pettway, Marc Bremer
Publikováno v:
Pacific-Basin Finance Journal. 10:119-139
As Japanese asset prices declined in the post-bubble period, bank risk increased substantially. Yet, bank regulators suppressed individual bank information and practiced systemic forbearance in a convoy policy that protected weak banks. Was there suf
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::34d0ea6f9b4a965f2639bedc80bd3180
https://doi.org/10.1016/s0927-538x(01)00033-6
https://doi.org/10.1016/s0927-538x(01)00033-6
Publikováno v:
Journal of Accounting and Public Policy. 20:155-185
For public health and safety reasons, a nuclear power plant needs to be decommissioned at the end of its useful life. In a recent report, the General Accounting Office (GAO, 1999, p. 16) has called into question the adequacy of funding for decommissi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::97ce8238d5872ca5a78fc3a280de0936
https://doi.org/10.1016/s0278-4254(01)00024-2
https://doi.org/10.1016/s0278-4254(01)00024-2
Publikováno v:
Journal of Business. 74(1):79-100
In this article, we examine the potential for external conflicts in large, diversified business groups. On the one hand, these highly visible groups facilitate the detection of opportunistic actions. Accordingly, reputational concerns should effectiv
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e3fd7a128b3f5a91339503ca50d6989a
Publikováno v:
Journal of Banking & Finance. 21:967-988
Recent models of IPO underpricing suggest that high-quality firms underprice their IPOs to differentiate themselves from low-quality firms and, thus, receive a more favorable market response to subsequent equity offerings. We test this suggestion for
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2ed1d7a3794528aa8cd137112085bfae
https://doi.org/10.1016/s0378-4266(97)00014-9
https://doi.org/10.1016/s0378-4266(97)00014-9
Autor:
Takashi Kaneko, Richard H. Pettway
Publikováno v:
Pacific-Basin Finance Journal. 4:241-258
In the U.S., IPOs are underpriced. During the period of significant research, there were no structural changes in the way prices were determined. However, in Japan there were two major structural changes in the IPO pricing mechanism. We investigate w
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7e999fed0d171f686c2596e92438a0d7
https://doi.org/10.1016/0927-538x(96)00013-3
https://doi.org/10.1016/0927-538x(96)00013-3
Publikováno v:
The Financial Review. 30:857-874
Numerous studies find that shareholders do not gain from the security sales. This study documents a significant exception, new capital offerings by Japanese banks. Market reactions to these sales are significantly positive; however, these issues have
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1c3c2f1906b8c3a1867dc86256fd86bd
https://doi.org/10.1111/j.1540-6288.1995.tb00860.x
https://doi.org/10.1111/j.1540-6288.1995.tb00860.x
Autor:
Takashi Kaneko, Richard H. Pettway
Publikováno v:
Global Finance Journal. 5:219-235
Can corporations increase stockholders’ wealth by issuing equity securities? The empirical evidence from U.S. studies indicates that additional offerings of equity shares by industials, utilities, and banks are greeted with significant negative wea
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a348a87343d5f7b38e90bcd2db2a5960
https://doi.org/10.1016/1044-0283(94)90005-1
https://doi.org/10.1016/1044-0283(94)90005-1
Publikováno v:
Journal of Banking & Finance. 15:559-580
Banks in the industrialized world are moving toward a new international capital standard. The BIS or Basle standard establishes higher levels of capital and requires increased sales of securities by Japanese banks. This study measures the stockholder
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8e451bbfea52f1de0f5c296f518fd8e3
https://doi.org/10.1016/0378-4266(91)90086-2
https://doi.org/10.1016/0378-4266(91)90086-2