, but decrease the underpricing because of reduced asymmetric information. Our main results corroborate these hypotheses … underpricing of 6 pp, which is related to a reduced offer price adjustment. This supports our hypothesis that SOX represents a …

The phenomenon of initial public offering (IPO) underpricing has been extensively researched in the literature, however …, the underpricing of family firms has received little attention. This is even more prevalent when it comes to underpricing … of family firms in an emerging market such as the Saudi Arabian market. This study explores the IPO underpricing …

bajo el término underpricing. El grado de underpricing varía en los mercados. En estudios realizados en Estados Unidos, se … han encontrado rendimientos del 36%, mientras que en China se ha tenido un underpricing del 298% y en Alemania del 46%. En … en el mercado mexicano existe una situación de underpricing en las IPO. …

first time to general public, is known as initial public offering (IPO). The underpricing phenomenon and ownership structure … structor and initial underpricing for both group of IPOs. Methods: Event study methodology is used to compares short- and long … for investigating the relationship betwen underpricing and ownership structure for both group of IPOs. Results: We find …

as returns promised investors turn out to be unrealizable. The premise of this study is that such insolvency problems … occur mainly because of the lack of reliable data on likely returns and risk associated with Tilapia farm investments. This … on estimated farm-level returns, and 5,000 Monte Carlo simulation trials of the NPV to examine distribution of the long …

This study investigates the volatility in daily stock returns for Total Nigeria Plc using nine variants of GARCH models … backtesting. We use daily data for Total Nigeria Plc returns for the period January 2, 2001 to May 8, 2017, and conclude that … to converge; the mean reverting number of days for returns differed from model to model. From the analysis of VaR and its …

This paper investigates the clustering or dependency of extremes in financial returns by estimating the extremal index … light on the dependency structure of financial returns data and the proprieties of the extremes returns. Moreover …