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https://www.um.edu.mt/library/oar/handle/123456789/31448| Title: | An empirical investigation of underpricing in Greek IPO’s : 1990-2003 |
| Authors: | Glezakos, Michalis Gotzageorgis, George |
| Keywords: | Going public (Securities) -- Greece Stock exchanges -- Greece -- Information asymmetry Securities -- Listing -- Greece |
| Issue Date: | 2005 |
| Publisher: | University of Piraeus. International Strategic Management Association |
| Citation: | Glezakos, M., & Gotzageorgis, G. (2005). An empirical investigation of underpricing in Greek IPO’s: 1990-2003. European Research Studies Journal, 8(1-2), 2-18. |
| Abstract: | This paper discusses evidence on the initial underpricing of Initial Public Offerings in the Athens Stock Exchange, during the period 1990-2003. Differences in average initial returns are analyzed in terms of differential IPO characteristics. The findings suggest that in the Athens Stock Exchange there exists a relatively high degree of information asymmetry. The findings are similar to those, which have been observed in the majority of the emerging markets. |
| URI: | https://www.um.edu.mt/library/oar//handle/123456789/31448 |
| ISSN: | 11082976 |
| Appears in Collections: | European Research Studies Journal, Volume 8, Issue 1-2 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| An_empirical_investigation_of_underpricing_in_Greek_IPO’s_2005.pdf | 228.46 kB | Adobe PDF | View/Open |
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