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Do IPOs Underperform in the Long-Run? New Evidence from the Canadian Stock Market

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  • Maher Kooli
  • Jean-François L'Her
  • Jean-Marc Suret

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  • Maher Kooli & Jean-François L'Her & Jean-Marc Suret, 2003. "Do IPOs Underperform in the Long-Run? New Evidence from the Canadian Stock Market," CIRANO Working Papers 2003s-16, CIRANO.
  • Handle: RePEc:cir:cirwor:2003s-16
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    File URL: https://cirano.qc.ca/files/publications/2003s-16.pdf
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    Cited by:

    1. Carpentier, Cecile & Suret, Jean-Marc, 2006. "Bypassing the financial growth cycle: Evidence from Capital Pool Companies," Journal of Business Venturing, Elsevier, vol. 21(1), pages 45-73, January.

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    More about this item

    Keywords

    Initial Public Offerings; Long-Run Performance; Control Portfolios; Market Efficiency; émission initiale d'action; performance long terme; portefeuille de contrôle; efficience du marché;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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