DOES TIMING MATTER FOR THE DETERMINANTS OF IPO SHORT-TERM RETURNS? EVIDENCE FROM THE TOP EMERGING MARKETS
The study examined the short-term price behavior of initial public offerings (IPOs) of equities listed on the top emerging market exchanges during the period from 2005 to 2012. We investigated whether underpricing could be explained with models based on stakeholder rationality and those concerning b...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Lodz University Press
2015-02-01
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| Series: | Acta Universitatis Lodziensis. Folia Oeconomica |
| Subjects: | |
| Online Access: | https://czasopisma.uni.lodz.pl/foe/article/view/509 |