1.

Record Nr.

UNINA9910299640303321

Autore

Fidanza Barbara

Titolo

The Decision to Delist from the Stock Market : Theory and Empirical Evidence of Going Private / / by Barbara Fidanza, Ottorino Morresi, Alberto Pezzi

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2018

ISBN

3-319-95049-5

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (185 pages)

Disciplina

332.642

Soggetti

Investment banking

Securities

Corporations - Finance

Investments and Securities

Corporate Finance

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Facts, Figures and Theory -- 2. Leveraged Buyouts, Going Dark and the Change of the Trading Venue -- 3. The Decision to Delist: International Empirical Evidence -- 4. Voluntary Delisting and Agency Costs: The Case of the London Stock Exchange.

Sommario/riassunto

In an organized and organic way, this book covers all the possible theoretical and empirical facets of delisting, adding to the well-developed literature on IPOs. IPO and delisting are strictly related; the reasons for delisting may be found in the loss of the incentives that drove the firm to the public market in the past. However, the book presents unique motivations not directly related to the IPO decision. This book covers what the existing literature has not in focusing on specific aspects such as market liquidity and microstructure, listing costs, market for corporate control, corporate governance issues and so on. Of interest to academics and students, this contribution puts all pieces in order and finds a thread that can link each theory to the others.