Now showing items 1-2 of 2

    • IPO Underpricing in the Hospitality Industry: A Necessary Evil? 

      Canina, Linda; Chang, Charles; Gibson, Scott (2008-01-01)
      Hospitality initial public offerings (IPOs) experienced average first-day price increases of 17.1% between January 1981 and December 2001. This price increase, referred to as IPO underpricing, represents a substantial ...
    • The Role of Human Capital: Evidence From Patent Generation 

      Liu, Tong; Mao, Yifei; Tian, Xuan (2017-05-01)
      Firms exhibit persistence in innovation output. This paper focuses on the role played by individual inventors. Compared to firm organizational capital, human capital embedded in inventors explains a majority of the variation ...