González, Marcelo; Farías, Pablo - In: El Trimestre Económico LXXVI (3) (2009) 303, pp. 751-773
In general, the international empirical evidence has document that the IPO firms experiences a poor financial and operating performance. Despite international evidence, Chilean IPO firms have not shown a poor financial performance (e.g., Aggarwal et al, 1993; Celis and Maturana, 1998). With regard...