Blar i BI Open på forfatter "Westbye, Joakim"
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How do long-run performance and underpricing of IPOs differ from private equity-backed, venture capital-backed and non-private equity-backed companies?
Wara, Adrian; Westbye, Joakim (Master thesis, 2022)This paper investigates initial returns from the first-day, first-week, and firstmonth closing price to capture the underpricing of an initial public offering during two different market cycles, namely hot- and cold-issue ...