IPO Firms Subsequent Acquisition Activity and IPO Underperformance
<p>We examine the IPO firm’s acquisition activity influence on the long-run performance of IPO during 1994-2015. We find that the IPO acquiring firms are generating positive abnormal returns for the first two years of going public and in the third, these firms generate negative abnormal return...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EconJournals
2019-10-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/8004 |