The creation of an innovative company is suggestive of change in an industry. To test that change this paper tests the impact of IPOs on industry incumbents. IPOs are found to happen in industries that exhibited positive abnormal returns for up to 5 years before the IPO date. The IPO date is found to coincide with the end of that industry abnormal return profile. This paper suggests this evidence is consistent with the IPO acting as mechanism of enforcing market efficiency at the industry level
Over the past several years initial public offerings (IPOs) have, once again, become very popular. T...
This study tracks IPOs from the time of their entry into the public domain up to at least six years ...
This study, with an evidence of 79 Finnish IPOs during 1987–2002, investigates whether the industry ...
The creation of an innovative company is suggestive of change in an industry. To test that change t...
We examine the impact of initial public offerings (IPOs) on rival firms and find that the valuation ...
In this project we look at the long run performance of IPOs based on their ability to remain profita...
We analyze abnormal returns of initial public offerings (IPOs) in different industries from 2007 to 20...
The aggregate IPO activity is closely tied to the market conditions. The current literature has focu...
The paper intends to study if there is a significant change in the financial performance of firms in...
The paper intends to study if there is a significant change in the financial performance of firms in...
In the Philippines, the equity market has been rapidly growing resulting to more companies entering ...
The goal of this paper is to study the impact of stock markets on Initial Public Offerings (IPOs). ...
An initial public offering (IPO) represents a unique milestone in the lifecycle of a firm. Yet, our ...
An initial public offering (IPO) represents a unique milestone in the lifecycle of a firm. Yet, our ...
An initial public offering (IPO) represents a unique milestone in the lifecycle of a firm. Yet, our ...
Over the past several years initial public offerings (IPOs) have, once again, become very popular. T...
This study tracks IPOs from the time of their entry into the public domain up to at least six years ...
This study, with an evidence of 79 Finnish IPOs during 1987–2002, investigates whether the industry ...
The creation of an innovative company is suggestive of change in an industry. To test that change t...
We examine the impact of initial public offerings (IPOs) on rival firms and find that the valuation ...
In this project we look at the long run performance of IPOs based on their ability to remain profita...
We analyze abnormal returns of initial public offerings (IPOs) in different industries from 2007 to 20...
The aggregate IPO activity is closely tied to the market conditions. The current literature has focu...
The paper intends to study if there is a significant change in the financial performance of firms in...
The paper intends to study if there is a significant change in the financial performance of firms in...
In the Philippines, the equity market has been rapidly growing resulting to more companies entering ...
The goal of this paper is to study the impact of stock markets on Initial Public Offerings (IPOs). ...
An initial public offering (IPO) represents a unique milestone in the lifecycle of a firm. Yet, our ...
An initial public offering (IPO) represents a unique milestone in the lifecycle of a firm. Yet, our ...
An initial public offering (IPO) represents a unique milestone in the lifecycle of a firm. Yet, our ...
Over the past several years initial public offerings (IPOs) have, once again, become very popular. T...
This study tracks IPOs from the time of their entry into the public domain up to at least six years ...
This study, with an evidence of 79 Finnish IPOs during 1987–2002, investigates whether the industry ...