Purpose: This study investigates firm performance after going public and explores whether Initial Public Offerings (IPOs) contribute to it. Design/methodology/approach: This study employs comprehensive regression models to examine IPO significance to both operating performance and market...

This paper examines short sales transaction volumes on the first trading day of 610 initial public offerings (IPOs) from 2011 to 2015. The tests provide evidence of informed trading immediately at the IPO. Results reveal that short selling volume on the first trading day of the IPO is...

Our work provides an analysis of the role of internal mechanisms of governance in explaining the long run performance after IPO. Our study examined a sample of 85 IPO French companies, between 2005-2008. Our results show that the governance structure before the IPO does not affect very...