Institutional Allocation In Initial Public Offerings: Empirical Evidence
收藏NBER2002-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9070
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资源简介：
We analyze institutional allocation in initial public offerings (IPOs) using a new dataset of US offerings between 1997 and 1998. We document a positive relationship between institutional allocation and day one IPO returns. This is partly explained by the practice of giving institutions more shares
提供机构：
美国国家经济研究局
创建时间：
2002-07-01
