INVESTORS ADJUST EXPECTATIONS AROUND SELL-SIDE ANALYST REVISIONS IN IPO RECOMMENDATIONS

In this article I compare investor response to sell‐side analyst recommendation revisions of initial public offering (IPO) firms in the first three years after issue with that of a benchmark control sample of firms that have been public longer. I test whether investors in IPO firms adjust their init...

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Veröffentlicht in:	The Journal of financial research 2009-03, Vol.32 (1), p.53-70
1. Verfasser:	Bagchee, Deepika
Format:	Artikel
Sprache:	eng
Schlagworte:	Demutualization Expectations G14 Hypotheses Initial public offerings Investors Revisions Studies
Online-Zugang:	Volltext
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