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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Bibliographic Details
Main Author: Aintablian, Sebouh (author)
Other Authors: Mouradian, Suzanne (author)
Format: conferenceObject
Published: 2007
Online Access: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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