Unseasoned equity issues and institutional trading : an empirical analysis
In the first part of this study, the focus is on the long-term performance of two IPO samples with issue years 1990 and 1991, respectively. The performance of particular IPO portfolios has been studied in a series of articles. There seems to be a consensus that investors in IPOs earn low returns....
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| Language: | English |
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2009
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| Online Access: | http://hdl.handle.net/2429/5557 |