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Why are so many new stock issues underpriced?

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  • Anthony Saunders

Abstract

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Suggested Citation

  • Anthony Saunders, 1990. "Why are so many new stock issues underpriced?," Business Review, Federal Reserve Bank of Philadelphia, issue Mar, pages 3-12.
    • Handle: RePEc:fip:fedpbr:y:1990:i:mar:p:3-12
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/1990/brma90as.pdf
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    Cited by:

    1. Dorota Podedworna-Tarnowska, 2018. "Underpricing of Companies Transferred from the Alternative to the Main Market: The Case of Poland," MIC 2018: Managing Global Diversities; Proceedings of the Joint International Conference, Bled, Slovenia, 30 May–2 June 2018,, University of Primorska Press.
    2. Brailsford, Tim & Heaney, Richard & Shi, Jing, 2004. "Modelling the behaviour of the new issue market," International Review of Financial Analysis, Elsevier, vol. 13(2), pages 119-132.
    3. Cristián Celis & Gustavo Maturana, 1998. "Initial Public Offerings In Chile," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 1(1), pages 7-31.

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    Keywords

    Capital market;

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