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Contribution Details
Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Underpricing and IPO proceeds: a note |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Economics Letters |
Publisher | Elsevier |
Geographical Reach | international |
ISSN | 0165-1765 |
Volume | 61 |
Number | 3 |
Page Range | 381 - 383 |
Date | 1998 |
Abstract Text | An inverse relation between underpricing and IPO proceeds holds true because of dilution, even as uncertainty remains unchanged. The use of the inverse of IPO proceeds as a proxy for uncertainty may therefore be misleading. |
Related URLs | |
Digital Object Identifier | 10.1016/S0165-1765(98)00201-8 |
Other Identification Number | merlin-id:19643 |
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