Institutional ownership and IPO performance [electronic resource] : Australian evidence / Ron Bird,...
Institutional ownership and IPO performance [electronic resource] : Australian evidence / Ron Bird, Danny Yeung.
About this item
Full title
Author / Creator
Publisher
[Sydney] : The Paul Woolley Centre for Capital Market Dysfunctionality, 2010.
Date
2010.
Record Identifier
MMS ID
Language
English
Formats
Publication information
Publisher
[Sydney] : The Paul Woolley Centre for Capital Market Dysfunctionality, 2010.
Place of Publication
New South Wales
Date Published
2010.
Subjects
More information
Scope and Contents
Summary
The duo IPO anomalies of underpricing and long run underperformance have inspired a plethora of studies. Yet few have examined the impact of majority investors in IPOs, namely institutional investors. Consistent with previous studies, we found large underpricing which was greatest in those issuers with the highest initial institutional ownership. Y...
Alternative Titles
Full title
Institutional ownership and IPO performance [electronic resource] : Australian evidence / Ron Bird, Danny Yeung.
Authors, Artists and Contributors
Author / Creator
Notes
General note
Paul Woolley @ UTS working paper series ; 6.
Title from caption of PDF document (viewed Sept. 15, 2011)
"First draft: August, 2009 ; second draft: January, 2010".
Includes bibliographical references (p. 21-23)
System details note
Mode of access: Internet via World Wide Web. Address as at 15/09/2011: http://www.business.uts.edu.au/qfrc/pwc/research/workingpapers/2010/wp6.pdf.
System requirements: Adobe Acrobat reader to access the document in PDF.
Contextual Information
Other version (online)
Identifiers
Primary Identifiers
Record Identifier
74VvKxwv5dqO
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/74VvKxwv5dqO
Other Identifiers
DDC
332.632220994
MMS ID
991007960989702626
