Long-Run Pricing Performance of Initial Public Offerings (IPOs) in Pakistan
This study investigates the long-run pricing performance of 90 IPOs listed on the Karachi Stock Exchange from 1995 to 2010. This study finds evidence that IPOs show signs of underpricing and underperform over three years after listing; however, the observed pattern of underperformance is not always...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
National University of Sciences and Technology
2021-01-01
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| Series: | NUST Journal of Social Sciences and Humanities |
| Subjects: | |
| Online Access: | https://www.njssh.nust.edu.pk/index.php/njssh/article/view/14 |