The paper examines the relationship between the UK companies' first day returns from Initial Public Offerings (IPO) that took place on London Stock Exchange during the period January 1997 - May 2002 and the media exposure they received prior to their listing. Our results indicate that there is a...

The paper examines the relationship between the UK companies' first day returns from IPOs (Initial Public Offerings) that took place on London Stock Exchange during the period January 1997 - May 2002 and the media exposure they received prior to their listing. Also, it takes into consideration...