Sökning: "Fernando Belden"

Hittade 1 uppsats innehållade orden Fernando Belden.

  1. 1. Return Behavior of Initial Public Offerings and Market Efficiency

    Magister-uppsats, Lunds universitet/Företagsekonomiska institutionen

    Författare :Fernando Belden; Mohammad Chenine; [2007]
    Nyckelord :IPO behavior; Market Efficiency; Management of enterprises; Företagsledning; management; Business and Economics;

    Sammanfattning : This paper is an event study on Initial Public Offering’s return behavior after the dot com bubble. Cumulative Abnormal Returns are used to measure the performance against a market index. The results suggest that the market correctly prices IPOs in the long run thus upholding the Market Efficiency hypothesis. LÄS MER