References
- Bernstein , A. and Lemaitre , V. 2004 . Timing rules narrow window for French IPOs . International Financial Law Review , 23 : 19 – 21 .
- Chan , A. M.Y. , Sit , C. K.K. , Wong , D. C.K. and Chan , R. W.Y. 1996 . Possible factors of the accuracy of prospectus earnings forecasts in Hong Kong . International Journal of Accounting , 31 : 381 – 398 .
- Cheng , T. Y. and Firth , M. 2000 . An empirical analysis of the bias and rationality of profit forecasts published in new issue prospectuses . Journal of Business Finance and Accounting , 27 : 424 – 446 .
- COB . 1998 . Annual report COB
- Davison , A. C. and Hinkley , D. V. 1999 . Bootstrap methods and their applications , Cambridge : Cambridge University Press .
- Dolvin , S. D. 2005 . Venture capitalist certification of IPOs . Venture Capital , 7 ( 2 ) : 131 – 148 .
- Dolvin , S. D. and Pyles , M. K. 2006 . Venture capitalist quality and IPO certification . Venture Capital , 8 ( 4 ) : 353 – 371 .
- Dubocage , E. and Rivaud-Danset , D. 2002 . Government policy on venture capital support in France . Venture Capital , 4 : 25 – 43 .
- Efron , B. and Tibshirani , R. J. 1993 . An introduction to the bootstrap , London : Chapman & Hall/CRC .
- Firth , M. , Kwok , B. C.H. , Liau-Tan , C. K. and Yeo , G. H.H. 1995 . Accuracy of profit forecasts contained in IPO prospectuses . Accounting and Business Review , 2 : 55 – 83 .
- Firth , M. and Smith , A. 1992 . The accuracy of profits forecasts in initial public offering prospectuses . Accounting and Business Research , 22 : 239 – 247 .
- Francis , B. B. and Hasan , I. 2001 . The underpricing of venture and non-venture capital IPOs: An empirical investigation . Journal of Financial Services Research , 19 : 99 – 113 .
- Gompers , P. 1996 . Grandstanding in the venture capital industry . Journal of Financial Economics , 42 : 133 – 156 .
- Gompers , P. and Lerner , J. 1999 . Conflict of interest and reputation in the issuance of public securities: Evidence from venture capital . Journal of Law and Economics , 42 : 53 – 80 .
- Greene , W. 2000 . Econometric analysis , 4th ed , Upper Saddle River, NJ : Prentice Hall .
- Hamao , Y. , Packer , F. and Ritter , J. 2000 . Institutional affiliation and the role of venture capital: Evidence from initial public offerings in Japan . Pacific-Basin Finance Journal , 8 : 529 – 558 .
- Heckman , J. J. 1979 . Sample selection bias as a specification error . Econometrica , 47 : 153 – 161 .
- Jaggi , B. 1997 . Accuracy of forecast information disclosed in the IPO prospectuses of Hong Kong companies . International Journal of Accounting , 32 : 301 – 319 .
- Jelic , R. , Saadouni , B. and Briston , R. 1998 . The accuracy of earnings forecasts in IPO prospectuses on the Kuala Lumpur Stock Exchange . Accounting and Business Research , 29 : 57 – 72 .
- Jones , J. 1991 . Earnings management during import relief investigations . Journal of Accounting Research , 29 : 193 – 228 .
- Keasey , K. and McGuinness , P. 1991 . Prospectus earnings forecasts and the pricing of new issues on the Unlisted Securities Market . Accounting and Business Research , 21 : 133 – 145 .
- Lee , P. , Taylor , S. J. and Taylor , S. L. 2006 . Auditor conservatism and audit quality: Evidence from IPO earnings forecasts . International Journal of Auditing , 10 : 183 – 199 .
- Lee , P. M. and Wahal , S. 2004 . Grandstanding, certification and the underpricing of venture capital backed IPOs . Journal of Financial Economics , 73 ( 2 ) : 375 – 407 .
- Maddala , G. S. 1986 . Limited-dependant and qualitative variables in econometrics. Econometric Society Monographs series 3 , New York : Cambridge University Press .
- Mak , Y. T. 1989 . The determinants of accuracy of management earnings forecasts: A New Zealand study . International Journal of Accounting , 24 : 267 – 280 .
- Megginson , W. and Weiss , K. 1991 . Venture capitalist certification in initial public offerings . Journal of Finance , 46 : 879 – 903 .
- Mougenot , G. 2000 . Tout savoir sur le capital-risque , Dublin : City & York .
- Teoh , S. H. , Welch , I. and Wong , T. J. 1998a . Earnings management and the long-run market performance of initial public offerings . Journal of Finance , 53 : 1935 – 1974 .
- Teoh , S. H. , Welch , I. and Wong , T. J. 1998b . Earnings management and the post-issue underperformance in seasoned equity offerings . Journal of Financial Economics , 50 : 63 – 99 .
- Wang , C. K. , Wang , K. and Lu , Q. 2003 . Effect of venture capitalists' participation in listed companies . Journal of Banking and Finance , 27 : 2015 – 2034 .