Initial public offerings in Canada

We study a sample of 199 Canadian IPOs for the period 1993-2001 and find that high underpricing in certain industries may explain the long-term underperformance. Also, issues offered during hot-issue periods have higher under-pricing and initial return, but lower long run returns. This result is con...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Aintablian, Sebouh (author)
مؤلفون آخرون: Mouradian, Suzanne (author)
التنسيق: conferenceObject
منشور في: 2007
الوصول للمادة أونلاين:http://hdl.handle.net/10725/7285
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://ojs.acadiau.ca/index.php/ASAC/article/viewFile/993/853
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author Aintablian, Sebouh
author2 Mouradian, Suzanne
author2_role author
author_facet Aintablian, Sebouh
Mouradian, Suzanne
author_role author
dc.creator.none.fl_str_mv Aintablian, Sebouh
Mouradian, Suzanne
dc.date.none.fl_str_mv 2007
2018-03-28T07:01:28Z
2018-03-28T07:01:28Z
2018-03-28
dc.identifier.none.fl_str_mv http://hdl.handle.net/10725/7285
Aintablian, S., & Mouradian, S. (2007, June). Initial public offerings in Canada: A test of the underpricing theories and aftermarket performance. In ASAC (Vol. 28, No. 1).
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://ojs.acadiau.ca/index.php/ASAC/article/viewFile/993/853
dc.language.none.fl_str_mv en
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.title.none.fl_str_mv Initial public offerings in Canada
a test of the underpricing theories and aftermarket performance
dc.type.none.fl_str_mv Conference Paper / Proceeding
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/conferenceObject
description We study a sample of 199 Canadian IPOs for the period 1993-2001 and find that high underpricing in certain industries may explain the long-term underperformance. Also, issues offered during hot-issue periods have higher under-pricing and initial return, but lower long run returns. This result is consistent with the window of opportunity hypothesis.
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identifier_str_mv Aintablian, S., & Mouradian, S. (2007, June). Initial public offerings in Canada: A test of the underpricing theories and aftermarket performance. In ASAC (Vol. 28, No. 1).
language_invalid_str_mv en
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network_name_str Lebanese American University repository
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spelling Initial public offerings in Canadaa test of the underpricing theories and aftermarket performanceAintablian, SebouhMouradian, SuzanneWe study a sample of 199 Canadian IPOs for the period 1993-2001 and find that high underpricing in certain industries may explain the long-term underperformance. Also, issues offered during hot-issue periods have higher under-pricing and initial return, but lower long run returns. This result is consistent with the window of opportunity hypothesis.N/A2018-03-28T07:01:28Z2018-03-28T07:01:28Z20072018-03-28Conference Paper / Proceedinginfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/conferenceObjecthttp://hdl.handle.net/10725/7285Aintablian, S., & Mouradian, S. (2007, June). Initial public offerings in Canada: A test of the underpricing theories and aftermarket performance. In ASAC (Vol. 28, No. 1).http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.phphttp://ojs.acadiau.ca/index.php/ASAC/article/viewFile/993/853eninfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/72852021-03-19T09:10:16Z
spellingShingle Initial public offerings in Canada
Aintablian, Sebouh
status_str publishedVersion
title Initial public offerings in Canada
title_full Initial public offerings in Canada
title_fullStr Initial public offerings in Canada
title_full_unstemmed Initial public offerings in Canada
title_short Initial public offerings in Canada
title_sort Initial public offerings in Canada
url http://hdl.handle.net/10725/7285
http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php
http://ojs.acadiau.ca/index.php/ASAC/article/viewFile/993/853