Going Public in China: Reverse Mergers Versus IPOs

Author(s):  
Charles M.C. Lee ◽  
Yuanyu Qu ◽  
Tao Shen
Keyword(s):  
2019 ◽  
Vol 58 ◽  
pp. 92-111 ◽  
Author(s):  
Charles M.C. Lee ◽  
Yuanyu Qu ◽  
Tao Shen
Keyword(s):  

Author(s):  
Joseph J. Cecala, Jr. ◽  
Ioannis V. Floros

Using a proprietary, recent shell reverse mergers (SRMs) sample, we analyze the financial profiling, financing event specifics, disclosure levels, and governance schemes of the private companies that are quoted on lower visibility platforms. We examine SRMs forward in time and identify a unique sample of SRMs that is successful getting upgraded to main U.S. stock exchanges. We report their financial characteristics and how they differ from the SRMs that do not manage to get upgraded. Further, we delve into the pricing, source of financing, and contractual terms of PIPE transactions that constitute their main capital raising events. We also note any differences in the financing and governance characteristics surrounding SRM firm listing changes. Our study contributes to the empirical going public literature by identifying the determinants of successful companies within lower visibility platforms and by justifying the necessity of the private secondary market’s existence.


2020 ◽  
Vol 60 (1-4) ◽  
pp. 243-262
Author(s):  
Gloria A. Rodríguez-Lorenzo

The appearance of zarzuela in Hungary is entirely unknown in musicology. In the present study, I discuss the currently unchartered reception of the zarzuela El rey que rabió (first performed in Spain in 1891) by Ruperto Chapí (1851-1909), a Spanish composer of over one hundred stage pieces and four string quartets. Premièred as Az unatkozó király in Budapest seven years later in 1898, Chapí’s zarzuela met with resounding success in the Hungarian press, a fervour which reverberated into the early decades of the twentieth century. Emil Szalai and Sándor Hevesi’s skilful Hungarian translation, together with Izsó Barna’s appropriate adjustments and reorchestration, accordingly catered the work to Budapest audiences. Through analysis of hand-written performance materials of Az unatkozó király (preserved in the National Széchényi Library), alongside a detailed study of the Hungarian reception, the profound interest in Spanish music–particularly in relation to musical theatre–amongst the turn-of-the-century Hungarian theatre-going public is revealed. This paper explores how Az unatkozó király became a success in Hungary.


CFA Digest ◽  
2002 ◽  
Vol 32 (4) ◽  
pp. 14-15
Author(s):  
Ann C. Logue
Keyword(s):  

Author(s):  
Joshua D. Clinton ◽  
David E. Lewis ◽  
Stephanie R. Cellini ◽  
Barry R. Weingast
Keyword(s):  

Sign in / Sign up

Export Citation Format

Share Document