Eije, J.H. von; Witte, M.C. de; Zwaan, A.H. van der - Faculteit Economie en Bedrijfskunde, Rijksuniversiteit … - 2000
Mainstream literature on long-term performance of initial public offerings focuses on long-term underperformance. Because underperformance is an anomalous phenomenon, many authors search for explanations based on financial market imperfections. More recently, however, the attention shifts from...