Essays about: "long-term IPO performance"

Showing result 1 - 5 of 33 essays containing the words long-term IPO performance.

1. 1. How do IPOs and SPACs differ in terms of post-listing performance, and how do insider and institutional ownership affect these differences?

   University essay from Göteborgs universitet/Graduate School

   Author : Markus Henriksson; Theodor Hansson; [2023-07-03]
   Keywords : SPACs; Special Purpose Acquisition Company; IPOs; Initial Public Offering; Ownership Structure; Abnormal Returns;

   Abstract : Initial Public Offerings (IPOs) and Special Purpose Acquisition Companies (SPACs) are the two most prevalent alternatives for firms seeking to list on the stock exchange, which we examine in this study. We study numerous parameters impacting the abnormal returns of IPOs and SPACs and, compare their performance in the short-term and long-term using regressions and current literature to explain the discrepancies. READ MORE

3. 2. Unveiling Value Dynamics: A Comparative Analysis of Underpricing and Long-Term Performance Among PE-Backed, VC-Backed, and Non-Backed IPOs in the Swedish Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Markus Tingvall; Jing Ni; [2023]
   Keywords : Initial Public Offering; Private Equity; Venture Capital; Underpricing; Long-term performance;

   Abstract : This research investigates initial underpricing and subsequent long-term aftermarket performance of private equity-backed, venture capital-backed and non-backed initial public offerings (IPOs) in the Swedish market. With a sample of 401 IPOs from January 2011 to December 2021 on the Nasdaq Stockholm and Nordic Growth Market, the study delves into the distinctive firm and IPO characteristics of the three categories. READ MORE

4. 3. The Impact of IPO Underpricing on Long-term Performance of Stocks : Comparative Analysis of the Swedish and United Kingdom stock market

   University essay from Umeå universitet/Företagsekonomi

   Author : Suleika Farah Mohamed; Njusi Chenyi Joyce; [2023]
   Keywords : ;

   Abstract : Initial Public Offerings (IPOs) represent critical events in the life cycle of companies, often characterized by a phenomenon of underpricing. IPO underpricing is a situation in which the initial public offering (IPO) price of a company's shares is set lower than their actual market value on the first day of trading. READ MORE

5. 4. From Hype to Longevity: Evaluating the Endurance of Swedish IPOs : A quantitative approach to measure the long-term performance of IPOs

   University essay from

   Author : Vilhelm Carlsson; Alva Persson; Flora Kahlman; [2023]
   Keywords : Initial Public Offering IPO ; Long-term IPO Performance; Swedish Stock Market; Behavioral Finance; Asymmetric Information Theory;

   Abstract : The prospect of earning extraordinary returns drives the allure of investing in new companies through IPOs. However, this approach may be flawed due to market conditions, information asymmetry, and behavioral biases. Past research supports evidence of the long-term underperformance of IPOs compared to the market index. READ MORE

6. 5. SPAC Post-Merger Performance in the New Regime - An Agency Perspective

   University essay from Göteborgs universitet/Graduate School

   Author : Niclas Leksell; Marcus Silkisberg; [2022-06-30]
   Keywords : SPACs; Special Purpose Acquisition Company; IPO; Merger; Acquisition; Business Combination; Post-merger performance; Agency conflicts; Event study;

   Abstract : SPACs are shell companies without operations created to raise capital in an IPO and subsequently identify a non-listed operating company to merge with. As of the last three years (2019-2021), the SPAC has witnessed a significant surge in popularity on the back of several tailwinds, including regulatory legitimization efforts and the participation of blue-chip sponsors and investors. READ MORE