Uzun, Erkin - In: Istanbul Stock Exchange Review 11 (2011) 43, pp. 53-80
The objective of this study is to compare fixed price and book building IPOs in terms of aftermarket performances. On a sample of 28 IPOs (15 book build and 13 fixed price) from 2004 to 2007, it is found that book built IPOs outperform fixed price IPOs, on the contrary to most of the studies...
