The aftermarket performance of initial public offerings
This paper examines the aftermarket performance of initial public offerings (IPOs) and explores the underpricing of IPOs in an Asian emerging equity market using a comprehensive sample of IPOs. Our findings suggest that there exist a significant underpricing. Specifically, new issues have been offer...
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Main Authors: | CHIRAPHOL, Chiyachantana N., PINTA, Theerawat, TAECHAPIROONTONG, Nareerat, WONGKHAM, Anantaporn |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2013
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6819 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7818/viewcontent/SET_IPO_DescStat_IRJFE_Dec25_Final.pdf |
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Institution: | Singapore Management University |
Language: | English |
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