Burrowes, Ashley; Feldmann, Horst; Feldmann, Mareile; … - In: Managerial Finance 30 (2004) 1, pp. 92-117
Eckbo, Masulis, & Norli (2000) question previous examination of initial public offering (IPO) underperformance with the keen argument that the increase in the number of traded shares and the infusion of equity reduce two significant premia in the stock’s return, namely, liquidity risk and...