Blar i BI Open på forfatter "Kjeksrud, Gard"
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The Six-Month Performance of Initial Public Offerings in the Norwegian Stock Market : An Empirical Study on Investors’ Ability to Generate Excess Returns by Investing in Initial Public Offerings
Kjeksrud, Gard; Asdøl, Mikkel Thomsen (Master thesis, 2022)This thesis studies the six-month performance of 357 Norwegian initial public offerings (IPOs) from 1997 to 2021. To examine if IPOs underperform the market, we compute cumulative adjusted returns for equally-weighted ...