Hamdi, Haykel; Nguyen, Duc Khuong; Obeid, Hassan - Institut de Préparation à l'Administration et à la … - 2014
This article investigates the return behavior of privatization initial public offerings (PIPOs) in Europe over both the short- and long-run horizons. Using data from a sample of 162 PIPOs over the period 1986-2008, we show that European PIPOs outperform, in terms of risk-adjusted abnormal...
