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Initial Public Offerings: Findings and Theories

Initial Public Offerings: Findings and Theories

Paperback

Series: Innovations in Financial Markets and Institutions, Book 8

AccountingInvesting & FinanceManagement

ISBN10: 1461359694
ISBN13: 9781461359692
Publisher: Springer
Published: Dec 8 2012
Pages: 111
Weight: 0.44
Height: 0.29 Width: 6.14 Depth: 9.21
Language: English
Initial public offerings (IPOs) play a crucial role in allocating resources in market economies. Because of the enormous importance of IPOs, an understanding of how IPOs work is fundamental to an understanding of financial markets generally. Of particular interest is the puzzling existence of high initial returns to equity IPOs in the United States and other free-market economies.
Audience: Designed for use by anyone wishing to perform further academic research in the area of IPOs and by those practitioners interested in IPOs as investment vehicles.

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Anderson, Seth

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Management