Underpricing in the Swedish IPO market : Can investors earn abnormal returns by investing in IPOs?
This thesis examines underpricing in Sweden using unique data on the 185 firms going public through initial public offerings (IPOs) and listing on the Stockholm Stock Exchange between 1994-2011. The average initial return in the Swedish IPO market adjusted for index movements is 11.49% but underpric...
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| Format: | Others |
| Language: | English |
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Högskolan i Jönköping, Internationella Handelshögskolan
2012
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-18404 |