Essays about: "IPOs underpricing"

Showing result 1 - 5 of 16 essays containing the words IPOs underpricing.

  1. 1. IPO Stock Performance and the Financial Crisis

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Emmet King; Luca Banderet; [2014]
    Keywords : Initial Public Offering IPO ; Underpricing; Long-Term Performance; Market Efficiency; Financial Crisis;

    Abstract : This paper takes the first opportunity to study the impact of the recent financial crisis on the stock price performance of initial public offerings (IPOs) in the short and long run. We conduct an analysis of 588 firms newly listed on the U.S. stock markets over the period 2003-2010. READ MORE

  2. 2. Underpricing and Long-Run IPO Performance in Italy, Sweden and United Kingdom: a comparative study from 2006 to 2013

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Davide Ramazzina; [2014]
    Keywords : Underpricing; IPO Long-Run Underperformance; Fama-French three-factor model;

    Abstract : In my thesis, I study two IPO anomalies, the underpricing and the long-run underperformance of new listings, from 2006 to 2013, on two peripheral (Sweden and Italy) and on the main European financial market (UK). I also examine the sector specific performances within each market to identify whether some particular industry performed better in one particular market rather than in others. READ MORE

  3. 3. Determinants of IPO underpricing - A comparison between the UK and Germany

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Rita Berkholz; Julia Stübben; [2014]
    Keywords : underpricing; IPO; United Kingdom; Germany; legal framework; ownership structure; common law; civil law; institutional framework; legal origin; Business and Economics;

    Abstract : The purpose of this study is to investigate the influencing factors on underpricing in the UK and Germany. The focus hereby lies on the different institutional framework (common and civil law) and implied ownership structure of both countries. A quantitative analysis is conducted using multiple linear regression model and descriptive statistics. READ MORE

  4. 4. Do IPOs create profitable opportunities for retail investors? : a quantitative study on the Nordic markets

    University essay from Umeå universitet/Företagsekonomi; Umeå universitet/Företagsekonomi

    Author : Mohamed Shihab; Fredrik Bubere; [2012]
    Keywords : ;

    Abstract : The purpose of this study was to investigate if retail investors have profitable opportunities in the Nordic markets. We want to contribute with up-to-date research to help retail investors make a better investment choice in the Nordic markets. READ MORE

  5. 5. Underpricing in the Swedish IPO market : Can investors earn abnormal returns by investing in IPOs?

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Tobias Henricson; [2012]
    Keywords : Initial Public Offerings IPOs ; IPO underpricing in Sweden; time trends in IPO pricing; underpricing patterns.;

    Abstract : 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 underpricing of individual IPOs was as high as 241.04%. READ MORE