IPO Initial Underpricing Anomaly: the Election Gimmick Hypothesis
<p>The relationship between political motivations and underpricing of public offerings of privatized companies is to a great extend unexplored field in the global academic literature. In this paper we offer a new explanation for the IPO underpricing anomaly. We formulate the election gimmick h...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolaus Copernicus University in Toruń
2014-11-01
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| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/4720 |