Publicação
Is steinway´s ipo a good play
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Gavrilova, Ekaterina | |
| dc.contributor.author | Mendes, Bárbara Martins | |
| dc.date.accessioned | 2024-04-24T10:25:26Z | |
| dc.date.available | 2024-04-24T10:25:26Z | |
| dc.date.issued | 2023-01-13 | |
| dc.date.submitted | 2023-01-12 | |
| dc.description.abstract | The main goal of the thesis is to make considerations about if the company should proceed with an Initial Public Offering (IPO) and recommend the company´s valuation. Based on the long performance analyses, we believe the IPO is the optimal exit for the company with a final equity valuation of $1,492 million on 31 December 2022. The UK IPO market presents an Underpricing discount of 3.5% from 2002 to 2021 and the paper’s goal is to assess if the ROA, Issue Size and Inflation affect the underpricing discount. As a result, it is verified that none of the three variables significantly influence the underpricing value of IPOs, presenting a positive coefficient among them. Even so, it is possible to verify that there is a positive correlation between independent and dependent variables. | pt_PT |
| dc.identifier.tid | 203363655 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/166571 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Ipo | pt_PT |
| dc.subject | Dcf valuation | pt_PT |
| dc.subject | Multiple valuation | pt_PT |
| dc.subject | Musical industry | pt_PT |
| dc.subject | Luxury industry | pt_PT |
| dc.subject | Underpricing discount | pt_PT |
| dc.subject | Financial performance | pt_PT |
| dc.title | Is steinway´s ipo a good play | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in Finance from the Nova School of Business and Economic | pt_PT |