Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Rate of substitution between economic and socioemotional wealth in family firm IPO underpricing
AU - Signori, Andrea
AU - Kotlar, Josip
AU - De Massis, Alfredo
AU - Vismara, Silvio
PY - 2015
Y1 - 2015
N2 - This study investigates differences in IPO underpricing between family and nonfamily firms. Using a sample of 1,743 IPOs occurring in seven European countries from 1995 to 2011, we show that the relationship between family firm status and IPO underpricing is contingent on the degree of share retention.
AB - This study investigates differences in IPO underpricing between family and nonfamily firms. Using a sample of 1,743 IPOs occurring in seven European countries from 1995 to 2011, we show that the relationship between family firm status and IPO underpricing is contingent on the degree of share retention.
KW - Family firms
KW - IPOs
KW - underpricing
U2 - 10.5465/AMBPP.2015.84
DO - 10.5465/AMBPP.2015.84
M3 - Journal article
VL - 2015
JO - Academy of Management Best Paper Proceedings
JF - Academy of Management Best Paper Proceedings
M1 - 12090
ER -