Wahid, Abdul; Mumtaz, Muhammad Zubair; Mantell, Edmund H. - In: Estudios de Economía 47 (2020) 2, pp. 245-271
seasoned equities. In this paper, we address the valuation of IPOs in the Alternative Investment Market, (hereafter the AIM … of IPOs in the AIM is systematically related to a multiplicity of factors. These include earnings per share (EPS) in the … statistical sample consists of 2,185 IPOs issued on the AIM between 1995 and 2020. Our findings suggest that the market valuation …
