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 |
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Lenguaje: | English |
Publicado: |
Universidad de Chile. Departamento de Economía
2016
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Materias: | |
Acceso en línea: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-52862016000100004 |
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