About this document
Analyzing the U.K. IPO Cycle Drivers by Rahul Pujari is a document available to read on EtoBox.
This document is a research paper that examines the drivers of initial public offering (IPO) cycles in the UK market from 1960 to 2009. It analyzes three hypotheses for IPO cycles - capital demands, information asymmetry, and investor sentiment. The paper finds that high future capital demand and recent information asymmetry are important explanatory variables for high IPO volumes in the UK, unlike prior US research which found evidence for investor sentiment. Regression analysis of IPO volume and post-IPO
- Author
- Rahul Pujari
- Language
- EN