Tanyeri, Başak; Öztürkkal, Belma; Tırtıroğlu, Doğan - In: Borsa Istanbul Review 22 (2022) 2, pp. 332-340
The larger underpricing (15 percent) in the early years following the inauguration of Borsa Istanbul indicates the importance of investors, intermediaries, and firm insiders learning about the trading and pricing of firms in organized stock markets. The underpricing in recent years (from 2010 to...