Initial Public Offerings: An Asset Allocation Perspective
碩士 === 元智大學 === 財務金融研究所 === 92 === We study whether an investor can improve his/her investment opportunity set by adding an IPOs portfolio relative to a set of benchmark portfolios from an asset allocation perspective. Using U.S. IPOs data from 1980-2002, we find that investing in a value...
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| Format: | Others |
| Language: | en_US |
| Published: |
2004
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| Online Access: | http://ndltd.ncl.edu.tw/handle/32292219098287335099 |