Cross-country IPOs: What explains differences in underpricing?
نویسندگان
چکیده
منابع مشابه
Underpricing of Privatised IPOs: The Australian Experience
We investigate the price performance of initial public o erings (IPOs) of formally state-owned companies in Australia. On average, privatised IPOs in Australia are underpriced by about 11%, which is not signi cantly di erent from the magnitude of underpricing of the privately-owned IPOs. This percentage is also similar to that of privatised share o erings in other OECD countries. In addition, c...
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ژورنال
عنوان ژورنال: Journal of Corporate Finance
سال: 2011
ISSN: 0929-1199
DOI: 10.1016/j.jcorpfin.2011.06.004