Initial Public Offerings: Findings and Theories / Edition 1by Seth Anderson, T. Randolph Beard, Jeffery Born
Pub. Date: 11/07/1995
Publisher: Springer US
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.
- Springer US
- Publication date:
- Innovations in Financial Markets and Institutions Series, #8
- Edition description:
- Product dimensions:
- 6.10(w) x 9.25(h) x 0.36(d)
Table of ContentsPreface. Writings summarized. 1. Initial public offerings: an introduction. 2. History, regulation, and process. 3. Empirical findings. 4. Theoretical models of IPOs. 5. Testing theories of underpricing. 6.Conclusion. Bibliography. Endnotes. Index.
and post it to your social network
Most Helpful Customer Reviews
See all customer reviews >