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Initial Public Offerings: Findings and Theories (Innovations in Financial Markets and Institutions)

by Seth Anderson, T. Randolph Beard, Jeffrey Born

ISBN-10: 9780792396338
ISBN-10: 0-7923-9633-2
ISBN-13: 9780792396338
ISBN-13: 978-0-7923-9633-8
Hardcover
1995-10-31
Springer


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Editorials


Product Description
Initial public offerings (IPOs) play a crucial role in allocating resources in market economies. Because of the enormous importance of IPOs, an understanding of how IPOs work is fundamental to an understanding of financial markets generally. Of particular interest is the puzzling existence of high initial returns to equity IPOs in the United States and other free-market economies.
Audience: Designed for use by anyone wishing to perform further academic research in the area of IPOs and by those practitioners interested in IPOs as investment vehicles.

Reviews


Something every investor should own.
The theories in this book are spectacular. A well written book with great potential for future and current investors looking to expand their portfolios and make some serious money.


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