Kenourgios, Dimitris; Papathanasiou, Spyros; Melas, … - EconWPA - 2005
This paper provides additional international evidence on the IPOs by examining the initial performance and two main determinants of short-run underpricing of 169 IPOs listed on the Athens Stock Exchange (ASE) over the period 1997-2002. The initial performance of the IPOs is measured by...