NO. 4 • AUGUST 2002 A Review of IPO Activity‚ Pricing‚ and Allocations JAY R. RITTER and IVO WELCH* ABSTRACT We review the theory and evidence on IPO activity: why firms go public‚ why they reward first-day investors with considerable underpricing‚ and how IPOs perform in the long run. Our perspective is threefold: First‚ we believe that many IPO phenomena are not stationary. Second‚ we believe research into share allocation issues is the most promising area of research in IPOs at the moment
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Nigeria is named after the Niger River. A British journalist in the 1890s named Flora Shaw suggested the name because of the river was a dominant presence in region and the name was accepted as the official name of those territories in the Niger Region. (ANYANWU) The country can be divided into three regions that include the forest lands in the south‚ the Sudan savanna in the north‚ and the Middle Belt‚ in between. Nigeria has an extensive geographic size‚ with a large degree of ecological‚ economic
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THE IMPACT OF AGRICULTURAL DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA Articles on this site are extracts from literature review of research projects‚ Get the full Project THEORETICAL LITERATURES The term “Agriculture” has been subjected to different definitions by various experts. As a result Ighodo (1984: 20) defined agriculture as the art and science of the cultivation of crops and rearing of animals for man’s use. He also emphasized that agriculture is also the production of fibres for
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the demand sides of the labour market in Nigeria. On the supply side‚ there is the rapidly growing urban labour force arising from rural-urban migration. Rural-urban migration is usually explained in terms of push-pull factors. The push factors include the pressure resulting from man-land ratio in the rural areas‚ and the existence of serious underemployment arising from seasonal cycle of climate. The factors are further strengthened in Nigeria by lack of infrastructural facilities‚ which
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Non-Oil Exporters in Nigeria in 2012 S/N Exporter FOB Value (USD) Exported Products Destination 1 Olam Nigeria Limited 369‚674‚654.05 Nigerian Sesame Seeds (HPS)‚ Good Fermented Superior Grade Nigerian Cocoa Beans 2 Unique Leather Finishing Co Limited 137‚776‚528.93 Finished Leather (Goat and Sheep Skins) Grades 1‚ 2‚ 3 and 4 Japan‚ Germany‚ US‚ Netherlands‚ Italy‚ Syria‚ Spain‚ Turkey‚ UK‚ China & Greece Italy 3 Armajaro Nigeria Limited 84‚986
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rapidly expanding cities (or‚ as was often the case‚ a single main city)‚ the fabric of life in both urban and rural areas changed in massive‚ often unforeseen ways. With the largest and one of the most rapidly growing cities in sub-Saharan Africa‚ Nigeria has experienced the phenomenon of urbanization as thoroughly as any African nation‚ but its experience has also been unique--in scale‚ in pervasiveness‚ and in historical antecedents. Modern urbanization in most African countries has been dominated
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Civil Aviation in Nigeria is a child of very humble beginnings‚ a spin-off of the British Colonial rule. But above all else‚ it is a product of a mere accident of history dating back to 1925 in the unlikeliest of places - the ancient‚ walled city of Kano. Sometime in July of that year the Northern city was gripped by a tense stand-off between the residents and the colonial government officials. The British government at the time was maintaining an active Royal Air Force (RAF) base in Khartoum‚
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Course: Material Handling Systems-ISEN 605 Student: Hasnain Millwala UIN: 319002456 Journal Article Analyzed: Mathematical model for warehouse design and product allocation S. S. Heragu‚ L. Du‚ R. J. Mantel and P. C. Schuur International Journal of Production Research‚ Vol. 43‚ No. 2‚ 15 January 2005‚ 327–338 Article Summary: This article primarily deals with two fundamental decisions involved in
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Florio Project Costing Allocation of resources to project tasks (labor and material): Resource allocation is critical since it involves the planning of all the resources required for our project. This will help us utilize only the amount of resources required for the project. As Project managers‚ often times we have to work in limited budgets. If we are able to do resource allocation efficiently‚ it can facilitate the project since resource allocation is one of the most difficult an important
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HISTORY AND CLASSIFICATION OF BIRDS The problems of classification of birds Has gained the attention of ornithologist and many systems have been proposed in order to establish their lineage until the beginning of the 19th century. The problem was solved in a rather over simplified way by using only significant characters especially external life forms and way of life and diet. Thus these birds whose toes are joined by welds where grouped in the natatoes. Those with long legs in the gralatories‚
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