BOUBAKER, Adel; MEZHOUD, Mediha - In: Journal of Asian Business Strategy 1 (2011) 4, pp. 63-72
The application of simultaneous equation regressions on a sample of 110 FrenchIPO firms between 2005-2010, allowed us to say that the initial return issignificantly influenced by the under / overpricing. The results of our studyshow that the underpricing can improve the initial return. On the...