Rationale behind IPO underpricing: evidence from Asian REIT IPOs
This article examines the rationale behind IPO underpricing using a sample of REIT IPOs in Asia. Although the IPOs registered an average initial return of 3.08%, the issuers were able to sell the IPO shares above their fundamental values by timing the listings in periods when existing REIT stocks ar...
Saved in:
| Main Authors: | , , |
|---|---|
| 格式: | Article |
| 语言: | English |
| 出版: |
John Wiley & Sons, Inc.
2018
|
| 主题: | |
| 在线阅读: | http://repo.uum.edu.my/25636/1/Ooi_et_al-2019-Real_Estate_Economics.pdf http://repo.uum.edu.my/25636/ http://doi.org/10.1111/1540-6229.12243 |
| 标签: |
添加标签
没有标签, 成为第一个标记此记录!
|