Browsing by Author "Lipe, Robert"
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Mispricing of Initial Public Offerings (IPOs): The Role of Accounting Information
Mpundu, Heminigild Miyanda (2011)I examine the role of accounting information in the end-of-first day overpricing of IPO stocks. Sloan (1996) and Teoh et al. (1998) suggest earnings-based explanations for the mispricing while Healy and Palepu (1990) suggest ... -
PEER FIRM EARNINGS QUALITY AND THE COST OF EQUITY
Ma, Shuai (2014-05)This study examines how a firm’s cost of equity is affected by industry peer firms’ earnings quality. First, using Lambert, Leuz and Verrecchia (2007) as a theoretical basis, I predict and provide evidence that higher ...