The impact of IFRS mandate and institutional governance on underpricing and aftermarket performance of IPO shares in Turkey
Abstract Along with the European Union, policymakers in Turkey passed a regulation that mandated all listed companies use the International Financial Reporting Standards (IFRS) starting from January 1, 2005. Using a before-after estimation design, this study examines the impact of this policy change...
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| Format: | Article |
| Language: | English |
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SpringerOpen
2023-11-01
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| Series: | Financial Innovation |
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| Online Access: | https://doi.org/10.1186/s40854-023-00528-9 |