𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Information Precision and Long-Run Performance of Initial Public Offerings

✍ Scribed by Ecker, Frank


Book ID
120629975
Publisher
Canadian Academic Accounting Association
Year
2014
Tongue
English
Weight
288 KB
Volume
31
Category
Article
ISSN
0823-9150

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


The Long-Run Performance of Initial Publ
✍ Ritter J.R. πŸ“‚ Library πŸ“… 1991 🌐 English βš– 1 MB

The underpricing of initial public offerings (IPOs) that has been widely documented appears to be a short-run phenomenon. Issuing firms during 1975-84 substantially underperformed a sample of matching firms from the closing price on the first day of public trading to their three-year anniversaries.