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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Bibliographic Details
Main Author: Peng Cheng
Format: Article
Language:English
Published: Taylor & Francis Group 2015-12-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2015.1018697