dc.contributor.author | Mistereggen, Odd Kåre Engh | |
dc.contributor.author | Nyland, Lars Kjeverud | |
dc.contributor.editor | Nyland, Lars Kjeverud | |
dc.date.accessioned | 2019-11-04T07:39:29Z | |
dc.date.available | 2019-11-04T07:39:29Z | |
dc.date.issued | 2019 | |
dc.identifier.uri | http://hdl.handle.net/11250/2626243 | |
dc.description | Masteroppgave(MSc) in Master of Science in Business, Finance - Handelshøyskolen BI, 2019 | nb_NO |
dc.description.abstract | We present a quantitative study within the field of corporate finance to investigate
underpricing on initial public offerings within the Nordic financial markets. Our
design allows us to study how the technology sector differs compared to other
sectors with new and unique data. Moreover, is the technology industry subject to
higher degrees of uncertainty compared to other sectors? Is there a reason for large
valuation differences? We find that IPO underpricing is present in the 455 IPOs
from 2010-2018. Further, we find that in general, initial returns of technology firms
differentiate from the market average. We conclude that firm size can explain some
of the variation in underpricing, and that this also holds for technology firms. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | Handelshøyskolen BI | nb_NO |
dc.subject | finans | nb_NO |
dc.subject | finance | nb_NO |
dc.title | Initial Public Offerings: A Study of the Nordic Market | nb_NO |
dc.type | Master thesis | nb_NO |