The Choice of Private Versus Public Capital Markets: Evidence from Privatizations

By W. Megginson, Robert C. Nash, Jeff Netter, Annette B. Poulsen. 2004

235 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/d87afb075c173c9f433f7252f554063141c5d910

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Walid Saffar
2. Omrane Guedhami
3. Jeffrey A. Pittman
4. Antoinette Schoar
5. Nandini Gupta
6. Raymond J. Fisman
7. I. Dinç
8. Narjess Boubakri

In Economics and Econometrics

1. Nandini Gupta
2. Jeffrey A. Pittman
3. Walid Saffar
4. Omrane Guedhami
5. I. Dinç
6. Antoinette Schoar
7. Raymond J. Fisman
8. Anjan V. Thakor

In Finance

1. Walid Saffar
2. Antoinette Schoar
3. Jeffrey A. Pittman
4. Omrane Guedhami
5. Nandini Gupta
6. I. Dinç
7. Raymond J. Fisman
8. Anjan V. Thakor

Citations in the corpus

• The Decision to Privatize: Finance and Politics (2011, methodology): “In the privatization context, comparing methods of sale in a cross-country sample of privatized firms, Megginson et al. (2004) find that larger firms are more likely to be privatized through the sale of shares on public rather than private capital markets.”
• Auditor choice in privatized firms: Empirical evidence on the role of state and foreign owners (2009, background): “9 McConnell, 2003; Boubakri et al., 2005; and Megginson et al., 2004).”
• Effect of institutional and firm-specific characteristics on post-privatization performance: Evidence from developed countries (2005, unknown): “Finally, to maximize data availability, we follow Megginson et al. (1994) and focus on lowest-common-denominator accounting variables such as sales, net income, total assets, and total debt.”
• The Role of State and Foreign Owners in Corporate Risk-Taking: Evidence from Privatization (2013, unknown): “The results 3 We follow the standard practice in the privatization literature and exclude firms from ex-communist countries (Megginson et al., 2004; Boubakri et al., 2005; Guedhami et al., 2009).”
• Ownership concentration in privatized firms: The role of disclosure standards, auditor choice, and auditing infrastructure (2006, result): “…indistinguishable from zero when all of the legal institutions variables are introduced in the last column of Table 4, consistent with prior research that the choice of the privatization method is influenced by the extent of investor protection (Bortolotti et al., 2000; Megginson et al., 2004).”