market Why do company manager- owners smile when they ring the stock exchange bell at their...
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market Why do company manager- owners smile when they ring the stock exchange bell at their IPO? An IPO's price goes up on the first day, generating guaranteed returns for investors. Manager-owners are freed of the burden of managing their company. An IPO reveals the value of the manager-owners' stake. Manager-owners receive their first stake in the company at an IPO. market Why do company manager- owners smile when they ring the stock exchange bell at their IPO? An IPO's price goes up on the first day, generating guaranteed returns for investors. Manager-owners are freed of the burden of managing their company. An IPO reveals the value of the manager-owners' stake. Manager-owners receive their first stake in the company at an IPO.
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Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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