Not logged in.
Quick Search - Contribution
Contribution Details
Type | Bachelor's Thesis |
Scope | Discipline-based scholarship |
Title | Age of an enterprise at IPO and the impact on the short- and long-term yield of a stock |
Organization Unit | |
Authors |
|
Supervisors |
|
Language |
|
Institution | University of Zurich |
Faculty | Faculty of Business, Economics and Informatics |
Number of Pages | 56 |
Date | 2021 |
Abstract Text | The empirical analysis of the underlying thesis showed that there is a significant correlation measurable for the abnormal aftermarket returns of US companies (2005-2015) grouped into similar ages compared to the rest of the dataset. Additionally, it was shown that this significant correlation does differ amongst different industry sectors. It concludes that there might be an optimal age for companies to go public and to use the raised equity in the best possible way, therefore generating an abnormal return in the first three to five years on the market. The four sectors that were examined were technology, manufacturing, service, and trade. |
Export | BibTeX |