Initial Public Offerings: The Relevance of the Market Timing Hypothesis Under Conditions of the Czech Capital Market

Abstract In this article, the authors study the relevance of the market timing hypothesis of going public, which tends to explain the lower post-issue operating performance of Czech initial public offerings. The data collected under the conditions of the Czech capital market are compared with the pe...

Full description

Bibliographic Details
Main Authors: Meluzín Tomáš, Zinecker Marek
Format: Article
Language:English
Published: Tomas Bata University in Zlín 2011-12-01
Series:Journal of Competitiveness
Subjects:
Online Access:http://www.cjournal.cz/files/80.pdf