An Investigation of the Factors Leading to Underpricing in the Norwegian IPO Market.
This paper examines the Norwegian market for Initial Public Offerings (IPOs) for the period 1998-2008, and conducts an analysis of what factors have led to an average underpricing of 3.66%. It is discovered that whilst the risk level of a firm is irrelevant to its initial return when going public, t...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2009
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| Online Access: | https://eprints.nottingham.ac.uk/23031/ |