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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Wasantha Perera, Nada Kulendran
التنسيق: مقال
اللغة:English
منشور في: LLC "CPC "Business Perspectives" 2016-06-01
سلاسل:Investment Management & Financial Innovations
الوصول للمادة أونلاين:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/7426/imfi_en_2016_02_Perera.pdf