Essays about: "IPOs underpricing"

Showing result 16 - 20 of 100 essays containing the words IPOs underpricing.

  1. 16. The Performance of Private Equity-backed IPOs in Sweden

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Jozephine Saers; Alparslan Ugur; [2022]
    Keywords : Initial Public Offering; Underpricing; First day returns; First week returns; Private Equity; Venture Capital; Information Asymmetry;

    Abstract : This thesis examines the initial performance of private equity-backed IPOs in relation to non-private-equity-backed IPOs listed on Nasdaq Stockholm and Nasdaq First North Growth Market during the years 2011-2021. It further measures the effect of independent variables on the return after the first day- and first week of trading as well as if the first day performance impacts the first week performance. READ MORE

  3. 17. Is Long-Term IPO Performance determined by Underpricing? : Analysis of the international IPO markets between 2009-2019

    University essay from Umeå universitet/Företagsekonomi

    Author : Arjan Kevin Ramak; Felix Fager Burman; [2022]
    Keywords : ;

    Abstract : Chinese legislative boards are heightening regulations to reduce the presence of ‘junk stocks’, as many new offerings sport remarkably high first day returns, but at the same time mediocre long-term performance. The phenomenon where an IPO (Initial Public Offering) is offered at a lower price than its intrinsic value is prominent in finance and business literature. READ MORE

  4. 18. IPO underpricing - ESG vs non ESG : A study of the relationship and effect of the ESG score on the level of underpricing in the European stock market

    University essay from Jönköping University/IHH, Företagsekonomi

    Author : Oliver Mattisson; Martynas Damulis; [2022]
    Keywords : IPO; ESG; Underpricing; Asymmetric information;

    Abstract : The market of IPOs experienced its strongest year in over 20 years where 422 IPOs were conducted in Europe. Due to the complex nature of the IPO process, the phenomenon of underpricing can occur. Underpricing can be explained as the positive percentage change of the offer price and the first trading day closing price. READ MORE

  5. 19. Push the leverage? A study on the effect of interest bearing debt with regard to IPO underpricing

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Carl Larsson; Frida Olebratt; [2022]
    Keywords : Initial public offering; Underpricing; Leverage; Interest-bearing debt;

    Abstract : This study looks closer at the relationship between interest bearing debt and underpricing in initial public offerings ("IPOs") in Sweden, Norway and Denmark. The sample comprises 318 IPOs on each country's main list as well as Nasdaq First North between 2013 and 2022. READ MORE

  6. 20. A New Era of the Swedish IPO Market? A Study of the Impact of Firm Age on Underpricing and Long-Run Post-IPO Performance in the Swedish Financial Markets

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Henrik Forss; Ted Wahlström; [2022]
    Keywords : IPO; Underpricing; Long-run performance; Firm age; Hot market;

    Abstract : Through a quantitative study, we set out to further the understanding of the Swedish IPO landscape, aiming to contribute to the partly fragmented literature on the topic. By running a multiple ordinary least squares regression and a Mann-Whitney U-test on 260 Swedish IPOs listed between 2014 and 2021, we analyse the effects on underpricing and post-IPO long-run performance stemming from disparate firm ages. READ MORE