Underpricing and Long-Term Performance of Initial Public Offerings at Germany's Neuer Markt, 1997-2001

This is the first large-scale examination of initial public offerings in the German market segment Neuer Markt. As such, it represents a powerful sample to examine the pricing process and long-run performance of the 325 initial public offerings take place between 1997 and 2001 at the Neuer Markt. (...)

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Year of publication:	2002-07-01
Authors:	Stehle, Richard ; Kiss, Imre
Institutions:	Universität <Berlin, Humboldt-Universität> / Lehrstuhl für Bank- und Börsenwesen
Subject:	Neuer Markt <Börse> \| Aktienkurs \| Performanz \| Börsenhandel

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Extent:	966656 bytes 47 p. application/pdf
Series:	Humboldt-Universität zu Berlin - Lehrstuhl für Bank- und Börsenwesen - Veröffentlichungen
Type of publication:	Book / Working Paper
Language:	English
Classification:	G10 - General Financial Markets. General ; G14 - Information and Market Efficiency; Event Studies ; G32 - Financing Policy; Capital and Ownership Structure ; Management of financial services: stock exchange and bank management science (including saving banks) ; Individual Working Papers, Preprints ; Germany. General Resources
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005851987