The Role of Venture Capital Backing in Initial Public Offerings: Certification, Screening, or Market Power?
- Topics:
- Commercial Banking
- Tags:
- Certification,
- Finance,
- Financial Planning,
- Financial Services,
- Investment,
- IPO,
- Venture Capital
- Source:
- Boston College
FREE Registration is required
Overview: This paper empirically distinguishes between three possible roles of venture backing in Initial Public Offerings: certification, screening and monitoring, and market power. The paper argues that Initial Public Offerings underpricing is not the appropriate measure to evaluate the role of venture backing in Initial Public Offerings. Instead, the paper compares the four measures, mentioned in the paper, between VC backed and non-VC backed IPOs.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 256KB | Date: Sep 2004 | Pages: 56
People who downloaded this item also downloaded
![]() |
What An IPO Could Do For Your Business |
![]() |
Marketing The Marketing Department |
![]() |
Trial by IPO |
![]() |
Loans to Depository Institutions |
![]() |
advertising- media |




