The Short Term Price Performance of Initial Public Offerings of Common Stock: Australia 1991-1994

This paper provides new evidence on the short-term pricing of Australian IPOs using daily data on 188 IPOs from January 1991 to december 1994. In contrast to previous Australian studies it clearly demarcates the primary from the secondary IPO market by the first transaction which takes place on the first day of the listed trading.

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Year of publication:	1996
Authors:	Kearney, C. ; Sadeghi, M.
Institutions:	School of Business, University of Western Sydney
Subject:	FINANCIAL MARKET \| PRICING

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Series:	Western Sydney - School of Business And Technology.
Type of publication:	Book / Working Paper
Notes:	16 pages
Classification:	G13 - Contingent Pricing; Futures Pricing ; G18 - Government Policy and Regulation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005478556