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insight into how this market event occurs. The study aims at establishing if initial public offer underpricing exists in the … Nigerian market and how these IPOs perform when it goes into the market. Based on the empirical findings, the study aims at … pricing of initial public offerings (IPOs) using price variation over time. In a sample of 950 firms IPOs from 2003 to 2010 …
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The academic literature on IPOs short run performance grown quite rapidly over the last decade, due to its puzzling …
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