There are some substantial disparities among organizations in performance after going public in the Chinese automotive dealer industry. This dissertation analyzes the prospectus, organizational annual report, and other public data available for the public firms in the automotive dealer industry. The dissertation conducts a longitudinal analysis of firms with continuous development and firms with operating problems. Multiple regression models are used to test various hypotheses. The results indicate that firms that are backed by venture capital experience perform worse after the IPO. Ownership Structure is positively correlated with the change in firm performance around the IPO. The change in Venture Capital ownership around the IPO is negatively correlated with the change in firm performance. Moreover, the increase in Venture Capitalist age around the IPO is negatively correlated with firm performance. Since IPOs are associated with performance decline, recommendations are provided to mitigate their impact. / Business Administration/Finance
| Identifer | oai:union.ndltd.org:TEMPLE/oai:scholarshare.temple.edu:20.500.12613/8544 |
| Date | January 2022 |
| Creators | Zhan, Fei, 0000-0003-2291-6637 |
| Contributors | Bakshi, Gurdip, Gao Bakshi, Xiaohui, Bakshi, Gurdip, Basu, Sudipta, 1965-, Rytchkov, Oleg, Mao, Connie X. |
| Publisher | Temple University. Libraries |
| Source Sets | Temple University |
| Language | English |
| Detected Language | English |
| Type | Thesis/Dissertation, Text |
| Format | 69 pages |
| Rights | IN COPYRIGHT- This Rights Statement can be used for an Item that is in copyright. Using this statement implies that the organization making this Item available has determined that the Item is in copyright and either is the rights-holder, has obtained permission from the rights-holder(s) to make their Work(s) available, or makes the Item available under an exception or limitation to copyright (including Fair Use) that entitles it to make the Item available., http://rightsstatements.org/vocab/InC/1.0/ |
| Relation | http://dx.doi.org/10.34944/dspace/8508, Theses and Dissertations |
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