Chen, Anlin; Chen, Li-Wei; Kao, Lanfeng - In: International Journal of Accounting and Information … 18 (2010) February, pp. 31-38
Purpose – The purpose of this paper is to examine the long-run performance of initial public offerings (IPOs) in Taiwan … consists of 261 IPOs issued in Taiwan over-the-counter during 1991 and 2002. The actual data cover the period from January 1991 … to December 2007. Findings – Contrary to findings of previous studies on US IPO markets, the paper finds that Taiwan IPOs …