Choi, Seung-Doo; Lee, Inmoo; Megginson, William - In: Financial Management 39 (2010) 1, pp. 153-185
"This paper investigates the long-run stock returns of privatization initial public offering (IPO) firms using a sample of 241 privatization IPOs from 42 countries during the period 1981-2003. We compare one-, three-, and five-year holding period returns of privatization IPOs to those of the...
