haku: @indexterm BUBBLES / yhteensä: 18
viite: 8 / 18
| Tekijä: | Lowry, M. Schwert, W. |
| Otsikko: | IPO market cycles: bubbles or sequential learning? |
| Lehti: | Journal of Finance
2002 : JUN, VOL. 57:3, p. 1171-1200 |
| Asiasana: | BUBBLES INITIAL PUBLIC OFFERINGS LEARNING RETURN ON INVESTMENT |
| Kieli: | eng |
| Tiivistelmä: | Both IPO volume and average initial returns are highly autocorrelated. Further, more companies tend to go public following periods of high initial returns. However, the authors find that the level of average initial returns at the time of filing contains no information about that company's eventual underpricing. |
SCIMA