An examination of short-run performance of IPOs using Extreme Bounds Analysis

This paper estimates the short-run performance of IPOs issued on the Karachi Stock Exchange in Pakistan. The present study extends the existing literature concentrating on the degree of underpricing over a 3-month period lasting from the listing date to the 3-month anniversary showing significant ev...

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Autores principales: Mumtaz,Muhammad Zubair, Smith,Zachary A, Ahmed,Ather Maqsood
Lenguaje:English
Publicado: Universidad de Chile. Departamento de Economía 2016
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862016000100004
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