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Initial Public Offerings: Findings and Theories

Initial Public Offerings: Findings and Theories

Hardcover

Series: Innovations in Financial Markets and Institutions, Book 8

AccountingInvesting & FinanceManagement

ISBN10: 0792396332
ISBN13: 9780792396338
Publisher: Springer
Published: Oct 31 1995
Pages: 111
Weight: 0.85
Height: 0.56 Width: 6.56 Depth: 9.56
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