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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title Underpricing and IPO proceeds: a note
Organization Unit
Authors
  • Michel Habib
  • Alexander P Ljungqvist
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
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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