Momentum trading strategies have been proved to be profitable in different asset classes and on various national capital markets in the past. However, there are some indications for eroding momentum profits. Based on the theory of gradual information distribution on capital markets and the...

Research on IPOs commonly focuses on the relation between firms' pre IPO ownership structure and subsequent stock performance. We extend the literature by additionally focusing on companies' post IPO ownership structure, in particular private equity capital engagement, to analyze IPOs stock...