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Author:Bradley, D.J.
Jordan, B.D.
Title:Partial adjustment to public information and IPO underpricing
Journal:Journal of Financial and Quantitative Analysis
2002 : DEC, VOL. 37:4, p. 595-616
Index terms:Information
Initial public offerings
Pricing
Language:eng
Abstract:The authors examine the extent to which offer prices reflect public information for 3,325 IPOs over the period 1990-1999. The authors focus primarily on four variables: share overhang, file range amendments, venture capital backing, and previous issue underpricing.
SCIMA record nr: 244137
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