Description

This dissertation provides an analysis of the effects of public secondary equity offerings by private equity sponsors at portfolio firms that have become publicly traded entities via initial public offerings.

This dissertation provides an analysis of the effects of public secondary equity offerings by private equity sponsors at portfolio firms that have become publicly traded entities via initial public offerings. Such secondary offerings were rare prior to 2000, but in recent years have become an increasingly common form of financial activity. A large sample of these offerings is analyzed within the framework of corporate finance theory, taking into account that they allow a private equity sponsor to sell off a large, controlling block of common stock to dispersed investors.

Reuse Permissions
  • 1.03 MB application/pdf

    Download count: 0

    Details

    Contributors
    Date Created
    • 2015
    Resource Type
  • Text
  • Collections this item is in
    Note
    • Pages 108-151 duplicated
    • Partial requirement for: Ph.D., Arizona State University, 2015
      Note type
      thesis
    • Includes bibliographical references (p. 116-122)
      Note type
      bibliography
    • Field of study: Business administration

    Citation and reuse

    Statement of Responsibility

    by Qi Dong

    Machine-readable links