Brycz, Bogumiła; Dudycz, Tadeusz; Kowalski, Michał J. - In: Efficiency in business and economics : proceedings from …, (pp. 25-37). 2018
affects IPO valuation. Specifically, our results indicate that high profitability achieved before IPO allows to obtain a high … issue price to book value per share ratio. However, our results indicate that the relation between valuation during issuance …