New evidence of short-run underpricing in Australian IPOs

The short-run market performance of initial public offerings (IPOs) indicates that the prices are often underpriced. This is widely accepted as a universal phenomenon. To find out whether Australian IPOs are underpriced, this paper analyzes the short-run market performance of 254 IPOs by industry, l...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид: Wasantha Perera, Nada Kulendran
Формат: Өгүүллэг
Хэл сонгох:English
Хэвлэсэн: LLC "CPC "Business Perspectives" 2016-06-01
Цуврал:Investment Management & Financial Innovations
Онлайн хандалт:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7426/imfi_en_2016_02_Perera.pdf