Information Risk And Long Run Performance Of Initial Public Offerings
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Information Risk and Long-Run Performance of Initial Public Offerings
Author | : Frank Ecker |
Publisher | : Springer Science & Business Media |
Total Pages | : 146 |
Release | : 2009-02-14 |
Genre | : Business & Economics |
ISBN | : 3834981176 |
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Frank Ecker examines the performance of U.S. initial public offerings (IPOs) from 1980 to 2002. He links positive and negative abnormal returns to the deviation of the realized information risk from the expected information risk. The author proposes effective measures for a long-term profitable investment strategy in IPOs.