Article citationsMore>>

Renneboog, L., Simons, T. and Wright, M. (2007) Why Do Public Firms Go Private in the UK? The Impact of Private Equity Investors, Incentive Realignment and Undervaluation. Journal of Corporate Finance, 13, 591-628.
http://www.sciencedirect.com/science/article/pii/S0929-1199(07)00033-8
http://dx.doi.org/10.1016/j.jcorpfin.2007.04.005

has been cited by the following article:

• TITLE: A Research on the Motives and Economic Consequences of the Executives’ Subscription in the Private Placement —A Case Study of Zhejiang Hangxiao Steel Structure Co. Ltd.

  AUTHORS: Xiao Wei

  KEYWORDS: Private Placement, Subscription of Senior Executives, Market Timing, Harvard Financial Analysis Framework, Zhejiang Hangxiao Steel Structure Co. Ltd. (“HXSS”)

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.6 No.6, June 24, 2016

  ABSTRACT: Nowadays, more and more executives and controlling shareholders of the listed companies inject funds through private placement, and what is the motivation? In different market quotation, did enterprises have existed market timing in the private placement, did shareholders have tunneled their way to send interest to themselves from the listed company through market timing? And what are the factors that affect the proportion of senior executives’ subscription? In this paper, based on the case of the directional private placement to senior executives of Zhejiang Hangxiao Steel Structure Co. Ltd. (shorted for “HXSS”), we have studied the motivation of directional private placement to senior executives, and we have further analyzed market timing and the market reaction after the private offering.