Browsing Faculty of Arts & Social Sciences (FoA&SS / FoL / FBM) by Subject "Underpricing,"

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    • An empirical analysis of the performance of initial public offerings at the Nairobi stock exchange 

      Lishenga, Lisiolo; Ndatimana, Etienne (Lecturer, Department of Finance and Accounting, University of Nairobi, Nairobi, KenyaMBA Student, University of Nairobi, Nairobi, Kenya, 2012)
      Literature in developed markets has extensively documented the existence of three anomalies in the pricing of initial public offerings (IPOs) of common stock. The phenomena have been are recognizable as (1) the IPO under ...