530 Subject Index
offer withdrawal, 272, 275, 280, 282
offering cancellation, 282
omitted variable, 43, 44
open auction, 89, 94, 95, 97, 108, 109, 127
optimal scope, 438
optimism, 148, 156, 163, 168, 169, 171–175
optimistic, 170–175
organizational competencies, 437
organizational scope, 454
other expenses, 263, 264, 267, 286, 288, 293
overallotment option, 248, 262, 263, 265, 274,
280, 287, 413
overconfidence, 148, 168, 169, 171–175
overconfidence hypothesis, 337, 338
overconfident, 168, 170, 173
overinvestment, 148, 155, 170, 171
overselling, 247, 248
ownership and control, 408
ownership concentration, 281, 289, 294, 308
partial adjustment, 272, 390, 395, 416
pecking order, 171, 174, 236, 260, 261, 306–
308, 313, 322, 330, 332, 359
peripheral divisions, 465
peripherals, 448
PIPEs (private investments in public equity),
244, 295
portfolio expected returns, 347
post-earnings-announcement drift, 149
post-IPO performance, 402
post-issue returns, 335, 336, 339, 346
price runup, 314, 330, 333, 335
price stabilization, 379, 391, 402, 405–408
price support,see alsoprice stabilization, 248
pricing meeting, 243
principal-agent models, 396
private benefits of control, 306, 311, 325, 327,
358
private debt, 250, 255
private equity, 250, 294, 338, 355, 358, 360
private information, 41, 43–45, 51, 53, 59, 64,
72, 82
private placements, 236–240, 244, 249, 250,
251, 253, 255, 259, 260, 294, 295, 301–
304, 306, 307, 310, 313, 314, 316–319,
321, 324, 327, 341, 343–346, 348, 349,
351, 358, 360, 361
private value, 90, 95–97, 99, 101, 103–105,
108, 111, 112, 115, 118, 120, 123, 124, 137
probit, 47
promotion costs, 281, 288
propensity, 49
propensity score, 51, 54, 73–75, 78, 79
prospect theory, 165, 176
prospectus, 242–244, 246, 247, 264, 272, 306,
308
pseudo market timing, 336, 338
pseudo-timing, 238, 330, 336, 339
public offers, 238, 248, 287, 289–291Q channel, 155
Q-theory, 335
qualified institutional buyers (QIBs), 240
quality certification, 304–306, 309, 310, 312,
313, 325–327
quiet period, 246, 247rational expectations, 151, 168
real options, 294, 331, 335
red herring, 243, 246
reference-point preferences, 148, 169, 175, 176
registration process, 246, 286
Regulation S, 244, 295
Regulation T, 241
relative value added by allocation (RVA), 457
repurchases, 81
reputation, 403, 413
reputation capital, 389
revelation principle, 90, 91, 99, 100
rights, 244, 249, 250, 264, 268, 286, 289, 292–
294, 298, 300, 305–307, 318–320, 327–
329, 357, 360
rights flotations, 63
rights issuers, 289, 308, 328
rights method, 300, 308, 318
rights offer, 244, 249, 250, 263, 264, 267, 286,
288, 289, 298, 305, 307, 308, 327–329,
359
rights offer discount, 328, 329
rights offer paradox, 298, 300, 305
rights offering, 238, 242, 261, 288, 289, 298,
301–303, 308, 311, 329
rights with standby, 306
risk of lawsuits, 412
road show, 236, 243, 245, 247, 263
Rule 144A, 240, 292, 293, 356
Rule 415, 239, 242, 249, 253, 285, 286, 318,
356, 357S-1 statement, 239
Sarbanes–Oxley Act, 236, 239, 243
sealed bid, 89, 91, 95, 115, 133, 135, 136
sealed-bid auction, 91, 94, 95, 114, 249