Cirillo, Alessandro; Romano, Mauro; Ardovino, Otello - In: Management Decision 53 (2015) 5, pp. 1125-1154
Offering (IPO) value in the Italian context. Design/methodology/approach – Based on a unique hand-collected data set, the … hierarchical regressions. The authors quantify the IPO value from an outside investors’ perspective with two measures to proxy for … IPO value in the short-term and apply robustness checks for long-run performance. In a stewardship framework, the authors …