Do initial reserves signal long-term IPO stock performance?
This research examines the long-run Initial Public Offerings (IPO) stock performance of a large Chinese sample, and in particular the relationship between initial reserves (capital reserves and revenue reserves immediately after the IPO) and long-run IPO stock performance. In general, Chinese IPOs d...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2015-12-01
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Series: | Cogent Economics & Finance |
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Online Access: | http://dx.doi.org/10.1080/23322039.2015.1018697 |