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Shell companies as IPO alternatives: an analysis of trading activity around reverse mergers
14 references·2 citing·46 second hopsampled
Shell companies as IPO alternatives: an analysis of trading activity around reverse mergers (2007)Shell companies as IPO alternatives: an a…Moving from Private to Public Ownership: Selling Out to Public Firms vs. Initial Public Offerings (2006)Moving from Private to Public…Economic consequences of SEC disclosure regulation: evidence from the OTC bulletin board (2004)Economic consequences of SEC …Corporate Governance, Incentives, and Industry Consolidations (2004)Corporate Governance, Incenti…The Choice of IPO versus Takeover: Empirical Evidence* (2003)The Choice of IPO versus Take…Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…Capital markets research in accounting (2001)Capital markets research in a…Incentives and Penalties Related to Earnings Overstatements that Violate GAAP (1999)Incentives and Penalties Rela…Investment Intelligence from Insider Trading (1998)Investment Intelligence from …Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Causes and Consequences of Ea…Market liquidity and volume around earnings announcements (1994)Market liquidity and volume a…A nonparametric test for abnormal security-price performance in event studies (1989)A nonparametric test for abno…Insiders' profits, costs of trading, and market efficiency (1986)Insiders' profits, costs of t…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Strength and Weakness in Numbers? Unpacking the Role of Prevalence in the Diffusion of Reverse Mergers (2020)Strength and Weakness in Numb…A review of money laundering literature: the state of research in key areas (2020)A review of money laundering …Foundations of Finance. (1977)Measuring security price performance (1980)Using daily stock returns (1985)The Event Study Methodology Since 1969 (1998)Does female board representation influence firm performance? The Danish evidence (2007)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Earnings Management During Import Relief Investigations (1991)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Detecting Earnings Management. (1995)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Continuous Auctions and Insider Trading (1985)Disclosure, Liquidity, and the Cost of Capital (1991)Spreads, Depths, and the Impact of Earnings Information: An Intraday Analysis (1993)Disclosure Policy, Information Asymmetry, and Liquidity in Equity Markets* (1995)Illiquidity and Stock Returns II: Cross-Section and Time-Series Effects (2018)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Efficient Capital Markets: II (1991)Are Insider Trades Informative? (2001)Investor sentiment and the near-term stock market (2003)Limited-dependent and qualitative variables in econometrics (1983)What insiders know about future earnings and how they use it: Evidence from insider trades (2003)Measuring Reporting Conservatism (2007)Business Strategy, Financial Reporting Irregularities, and Audit Effort (2012)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Positive Accounting Theory (1985)Cross-Sectional Determinants of Analyst Ratings of Corporate Disclosures (1993)The Economic Consequences of Legal Origins (2007)The Economic Consequences of Legal Origins (2008)Mandatory CSR and sustainability reporting: economic analysis and literature review (2021)Judgment under Uncertainty: Heuristics and Biases (1974)Common risk factors in the returns on stocks and bonds (1993)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Investor Inattention and Friday Earnings Announcements (2009)Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 1996Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC*4,076 cited
  • 2001Capital markets research in accounting2,575 cited
  • 1994Market liquidity and volume around earnings announcements1,786 cited
  • 1986Insiders' profits, costs of trading, and market efficiency1,219 cited
  • 1989A nonparametric test for abnormal security-price performance in event studies1,077 cited
  • 1999Incentives and Penalties Related to Earnings Overstatements that Violate GAAP593 cited
  • 2004Economic consequences of SEC disclosure regulation: evidence from the OTC bulletin board580 cited
  • 2003The Choice of IPO versus Takeover: Empirical Evidence*352 cited
  • 1998Investment Intelligence from Insider Trading343 cited
  • 2004Corporate Governance, Incentives, and Industry Consolidations37 cited
  • 2006Moving from Private to Public Ownership: Selling Out to Public Firms vs. Initial Public Offerings37 cited

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  • 2020A review of money laundering literature: the state of research in key areas112 cited
  • 2020Strength and Weakness in Numbers? Unpacking the Role of Prevalence in the Diffusion of Reverse Mergers18 cited