Intangible Assets and the Underpricing of Industrial Company Initial Public Offerings
This paper finds that the identification of certain intangible assets and their inclusion in prospectuses reduces uncertainty about the valuation of the initial public offering.
||IPOs, Underpricing, Intangible Assets
International Journal of Knowledge, Culture and Change Management, Volume 6, Issue 4, pp.67-74.
Article: Print (Spiral Bound).
Article: Electronic (PDF File; 1.898MB).
Bill has taught finance at Deakin University for 20 years and researches in the areas of initial public offerings and corporate governance. He is married and lives in Geelong, Australia.
Robert Brooks is Professor of Financial Econometrics at Monash University. His research interests are in financial econometrics and he has numerous publications in a wide range of journals.
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