Abstract
Initial public offerings (IPOs) are perhaps the most exhilarating events on stock exchanges, providing opportunities for many private companies and relatively young firms to raise needed capital for future growth, market expansion and/or repayment of debt. Yet, the ambiguity of the risk, as opposed to its quantity, overshadows the thrill and deters many investors from possibly considering IPOs.
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Paradi, J.C., Sherman, H.D., Tam, F.K. (2018). Securities Market Applications: Risk Measurement of IPOs. In: Data Envelopment Analysis in the Financial Services Industry. International Series in Operations Research & Management Science, vol 266. Springer, Cham. https://doi.org/10.1007/978-3-319-69725-3_12
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DOI: https://doi.org/10.1007/978-3-319-69725-3_12
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