Agathee, Ushad Subadar; Sannassee, Raja Vinesh; Brooks, … - In: Research in International Business and Finance 26 (2012) 2, pp. 281-303
This paper investigates the underpricing of IPOs on the Stock Exchange of Mauritius (SEM). Taking into account the whole population of firms which went public since the inception of the SEM until 2010, the results show an average degree of underpricing within the range 10–20%. Using a...
