Zouari, Sarra Ben Slama; Boudriga, Abdelkader; Taktak, … - In: The International Journal of Business and Finance Research 5 (2011) 1, pp. 13-32
This paper empirically analyzes the short run performance of Tunisian initial public offerings (IPO). It sheds light on the determinants of IPO’s in a context of a frontier market characterized by high information asymmetry, low information efficiency, thin trading and the presence of...