THE LONG-TERM PERFORMANCE OF INITIAL PUBLIC OFFERINGS IN NASDAQ STOCK MARKET DURING 2002-2005
Applying the return measurement and methodology in Khurshed et al (1999) the study found underperformance of long-term IPO in NASDAQ stock exchange during a continuous growth period of the stock market similar to previous literature (i.e. Ibbotson, 1975; Ritter, 1991 and Aggarwal and Rivoli, 1993)....
| Main Author: | |
|---|---|
| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2009
|
| Online Access: | https://eprints.nottingham.ac.uk/22878/ |