Management Quality, Certification, And Initial Public Offerings ♣

By Thomas J. Chemmanur, Imants Paeglis. 2005

344 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/5833911e5dfe7951cbe09930f3a4cde3c962c0e9

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Citations in the corpus

Quantifying Managerial Ability: A New Measure and Validity Tests (2012, result): “…significant association with manager fixed effects, 2) it is negatively associated with the price reactions to 18 We further corroborate these results by exploring the association between managerial ability and growth opportunities (e.g., Chemmanur and Paeglis 2005; Jones and Olken 2005).”
Initial Public Offerings: A synthesis of the Literature and Directions for Future Research (2018, background): “Chemmanur and Paeglis (2005) evaluate directly the effects of management quality in IPO firms.”
Management Quality, Financial and Investment Policies, and Asymmetric Information (2009, positive): “Chemmanur and Paeglis (2005) study the relationship between a firm’s management quality and various aspects of its IPO, and show that management quality affects the characteristics of a firm’s IPO.”
Top Management Human Capital, Inventor Mobility, and Corporate Innovation (2018, methodology): “…team quality factor from seven measures capturing various individual aspects of top management quality following the existing literature (see, e.g., Chemmanur and Paeglis (2005), Chemmanur, Paeglis, and Simonyan (2011)): management team size, the fraction of managers with MBAs, the fraction of…”
The Impact of Managerial Ability on Crisis-Period Corporate Investment (2017, background): “This view is also supported by Chemmanur and Paeglis (2005), Chemmanur, Paeglis, and Simonyan (2009) and Switzer and Bourdon (2011) who document positive relations between firm management quality and IPO/SEO performance.”
Persuasion in crowdfunding: An elaboration likelihood model of crowdfunding performance (2017, background): “In the context of entrepreneurial resource acquisition, human capital has long been cited as a factor of key interest in determining new venture performance via entrepreneur ability (Baum and Silverman, 2004; Chemmanur and Paeglis, 2005).”
Managerial Ability and Credit Ratings (2017, neutral): “, 2015), initial public offerings (Chemmanur and Paeglis, 2005), compensation (Graham, et al.”
Dual class IPOs: A theoretical analysis (2012, background): “…operating performance in dual class versus single class IPOs: First, our model predicts that dual class IPOs maximize shareholder value if the 24 Chemmanur and Paeglis (2005) develop several proxies for the perceived quality and reputation of a firm’s management which can be used in testing our…”
Company reputation and the cost of equity capital (2014, neutral): “First, Chemmanur and Paeglis (2005) suggest that high managerial reputation can reduce financing costs (e.g., underwriting fees and IPO underpricing) so we include CEO tenure [to proxy for managerial reputation (Milbourn 2003)] in our model.”
The Influence of Entrepreneurs’ Credentials and Impression Management Behaviors on Perceptions of New Venture Legitimacy (2012, background): “Research has demonstrated that top management team credentials are crucial in investors’ decisions about whether or not to invest in a firm’s initial public offering (Chemmanur & Paeglis, 2005) or venture capitalists’ decisions to invest in NVs (Baum & Silverman, 2004; Tyebjee & Bruno, 1984).”
A Cross-Disciplinary Exploration of Entrepreneurship Research (2007, background): “Similarly, Chemmanur and Paeglis (2005) examined a firm’s management quality in the IPO context (measured as educational and experiential knowledge, management heterogeneity, and reputation outside of the business community), finding that management’s quality and reputation are positively related…”
Puttin' on the Ritz: Pre-Ipo Enlistment of Prestigious Affiliates as Deadline-Induced Remediation (2008, background): “…parties have been shown to influence perceptions of firm worthiness, as reflected in enlistment of prestigious underwriters (Higgins & Gulati, 2003), higher IPO valuations (Chemmanur & Paeglis, 2005; Sanders & Boivie, 2004), and other beneficial outcomes (Gulati & Higgins, 2006; Jain & Kini, 2000).”
Information content of IPO grading (2010, background): “offering. Chemmanur and Paeglis (2005) test the certification hypothesis by using”