Dorsman, André; Gounopoulos, Dimitrios - In: International Review of Financial Analysis 30 (2013) C, pp. 308-319
We provide new evidence of the impact of the ongoing deep financial crisis on the performance of Dutch IPOs during the period from January 1990 to May 2012. The findings indicate an increasing level of underpricing as a result of the recent financial crunch. This situation is attributed to the...