Browsing by Author "Mekjian, John"

Now showing items 1-1 of 1

Auctions as an Alternative to Book Building in the IPO Process: An Examination of Underpricing for Large Firms in France

Mekjian, John (2012-04-16)

A relevant factor in determining the quality of an initial public offering (IPO) mechanism is the level and variability of underpricing that occurs. The percentage difference between the IPO price and the closing price ...