Essays about: "IPOs underpricing"

Showing result 1 - 5 of 18 essays containing the words IPOs underpricing.

  1. 1. The Degree of Underpricing in the Swedish Market : An analysis of the most relevant factors influencing IPO underpricing between main and secondary markets

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

    Author : Xiaofan Hu; Lars Andreas Sundberg; [2014]
    Keywords : IPO; Sweden; Underprice;

    Abstract : Underwriters evaluate the optimum price of IPO issued shares and conduct underpricing based on a higher degree of risk and information asymmetry. These are calculated under a series of determined risk proxies that adjust the most suitable offering and opening price of IPOs in both main and second tier markets. READ MORE

  2. 2. Water or Oil in the Fire? : Impact of Diversification on the Underpricing Phenomenon in IPOs & SEOs

    University essay from Södertörns högskola/Institutionen för samhällsvetenskaper; Södertörns högskola/Institutionen för samhällsvetenskaper

    Author : Jan Zemke; Nikolay Kumbarov; [2014]
    Keywords : IPO; SEO; Industrial Diversification; Underpricing;

    Abstract : Background: Acquiring capital is one of the most fundamental necessities for an enterprise. The discussed ways of doing so by this thesis, are the so called Initial Public Offerings (IPOs) and Seasoned Equity Offerings (SEOs). READ MORE

  3. 3. 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

  4. 4. 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

  5. 5. 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