Does gender diversity on Indian boards impede IPO underpricing?
Amanpreet Kaur and Balwinder Singh (2015) continuing Balasubramanian (2013) work, took a
look at the reduction in underpricing from the presence of female directors in an IPO.This is
Event Study Methodology
Multiple Regression Analysis
Your research results will be as good as the quality of your data
What can be wrong with the data?
Sprott School of Business
BUSI 4500 A & B
Advanced Corporate Finance
Lecture Location and Lecture Time:
Section A: Southam Hall 403, Friday 8:35 am - 11:25 am
Section B: Southam Hall 403, Friday 11:35 am
BUSI-2002 Intermediate Accounting 2
Tuesday February 28, 2017 Time: 2 hours
This exam has 6 questions and is worth 46 marks
QUESTION 1 (10 marks)
Use the information provided in problem P17-9 to answer this question.
A. Calculate Bas
Instructor: Sana Mohsni
Lecture Plan/Learning Outcomes
Definition of Corporate Governance
Why do we need Corporate Governance
Major Corporate Governance Mechanisms
What are the p
Mergers and Acquisitions
Lecture Plan/Learning Outcomes
Different forms of M&As
Timing of Merger (merger waves)
Motives for mergers and acquisitions
ST M&A performance
Post merger performance
What some of the papers are saying
Why companies mer
So i went summary questions at the top and relevance to my research at the bottom.
Motivation for the study and the research question(s)?
Why is there an issue?
What type of data and data sources were used and methodology employed?
What are the major conc
Professor: Sana Mohsni
Drivers of IPO Performance in the long term in an American context
April 8, 2016
This study aims to determine the drive
An initial public offering (IPO) occurs when a security is sold to the general public for the first
time. Going public and offering stock in an initial public offering represents one of the most important
events in the life
Why are stock exchange IPOs so underpriced and yet outperform in the long run?
Isaac Otcherea, George Owusu-Antwi, Sana Mohsni 2013 investigate the level of underpricing
and the long-term stock performance of financial exchange IPOs. In the past decade wi
Are IPOs really overpriced
Purnanandam and Swaminathan  found that IPOs are actually overpriced and
underperform in the long run. Steven Zheng (2006) extends this study to take into account two
concerns in their method. Using data on IPOs from 1980-
Signaling by Underpricing the IPO of Primary Listing in an Emerging Market
Ales Cornanic and Jiri Novak 2015, continue Francis et al 2010 study of the signaling model by
Welch 1989 in an Emerging Market. They chose Poland which is an emerging market that
From our synthesis of the different journal articles we found some key things to consider in our
study of underpricing and LT performance of stock. Any equity valuations/ratios need to be
adjusted for cash holding and leverage, and new stock is
Effects of underwriters, venture capital and industry on long-term initial public offering
Yewmun Yip, Yuli Su, Jiun Boon Ang (2009) extend the work of a few others, to test whether the
choice of underwriters, venture capitalists, industry and
Initial Public offerings: International insights
Tim Loughran, Jay ritter and Kristian Rydqvist (94), attempt to compile the different studies and
data on the short and long term performance of IPOs. They look at 25 countries for the short run
BUSI 4500 A and B
Initial Public Offerings (IPOs)
Why and When do firms go public?
Costs and benefits of going public
ST Underpricing of IPOs
LT Underperformance of IPOs
Summary of what the papers are trying to