Sökning: "Pascal Rietmann"

Hittade 1 uppsats innehållade orden Pascal Rietmann.

  1. 1. Initial Returns and Long-Run Performance of Private Equity-backed IPOs in the UK: The Post-Y2K Experience

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Tom Lange; Pascal Rietmann; [2015]
    Nyckelord :Initial Public Offering; Private Equity; Venture Capital; Underpricing; After-Market Performance;

    Sammanfattning : This paper studies a sample of 257 initial public offerings (IPO) that occurred in the period from 2001 to 2011, differentiated into sub-samples of 32 venture capital-backed (VC), 55 buyout-backed (BO), and 170 non-backed (NB) share issuances undertaken on the London Stock Exchange's (LSE) Main Market and Alternative Investment Market. We separately analyze initial first-day returns, commonly referred to as underpricing, as well as long-run after-market performance using an event study setting with a horizon of 36 months. LÄS MER