United Kingdom evidence on the behaviour of the beta or systematic risk of initial public offerings
This study examines the beta or systematic risk of initial public offerings using a sample of newly issued stocks in the United Kingdom market. The findings are threefold. First, the beta risk estimation is found to decline over time. It corresponds with the differential information model which pred...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2012
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| Online Access: | https://eprints.nottingham.ac.uk/26067/ |