Browsing BI Open by Author "Aarnes, Eirik Gard"

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Uncovering the Dynamics of Cornerstone investors in Scandinavian IPOs: Money Left on the Table? An empirical study of cornerstone commitments and its impact on subsequent underpricing of Scandinavian IPOs.

Aarnes, Eirik Gard; Nguyen, Martin Duy (Master thesis, 2023)

This study examines the relationship between IPO underpricing and the involvement of cornerstone investors in the Scandinavian IPO market. Utilizing comprehensive regression models, our analysis reveals a strong and positive ...