Hahl, Teemu; Vähämaa, Sami; Äijö, Janne - In: Research in International Business and Finance 31 (2014) C, pp. 17-31
This paper focuses on the underpricing and the short- and long-run performance of Finnish initial public offerings (IPOs). More specifically, we examine whether there are differences between the performance of value and growth stock IPOs in the Finnish stock market. Our results indicate that...