-building. We focus on the IPO initial underpricing, long-run performance and after market liquidity problems. 1. We propose that …-determinant for the successful IPO deal completion. We propose the Ledenyov theory on the origins of the IPO underpricing and long … term underperformance effects, which states that the IPO underpricing and long term underperformance can be explained by …

below the cutoff points of the tax schedule. Thus, both “bunching in transactions” and “underpricing” should be observed …

underpricing difference is actually due to the causal effect of venture capital backing and that the raw comparison of the sample …

This paper test the hypothesis that distance of firms from the main financial centre affects underpricing positively … underpricing. This finding holds in France but not in Germany. …

between markets in addition to standard quantitative effects and explains frequently observed underpricing, e.g. in the …

to be underpriced, resulting in a substantial price jump on the first day of trading. Underpricing of IPO has attracted … important researching efforts in the last time. The existence of underpricing in IPOs is significant to different models used in … their measurement. However, there is a lack of consensus on what can explain underpricing among different researchers. It is …

Purpose: The purpose of this paper is to examine the underpricing of initial public offers (IPOs), which were announced … performance of IPOs during the recent global financial crisis. Methodology: This paper studies the underpricing of 133 IPOs in … underpricing, which is examined in various window periods. Further, industry- and year-wise offers are analyzed and interpreted …