Köchling et al., 2021 - Google Patents
Information Acquisition Experience, Investor Sophistication, and IPO Price PressureKöchling et al., 2021
View PDF- Document ID
- 4373884185528925126
- Author
- Köchling G
- Posch P
- Schmidtke P
- Publication year
- Publication venue
- Investor Sophistication, and IPO Price Pressure (February 26, 2021)
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Snippet
We propose a simple measure of investor sophistication based on financial statement experience derived from publicly available EDGAR log data about accounting information acquisition activity. This approach allows us to provide unique empirical evidence for the …
- 230000000694 effects 0 abstract description 40
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