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Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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For decades, researchers have been puzzled by three sets of empirical results associatedwith the pricing of initial public o¤erings (IPOs). Besides the well-documentedunderpricing puzzle and hot-issue market puzzle1, severe long-run underperformance ofIPOs is reported recently by Ritter (1991) and Loughran and Ritter (1995), suggestingthat market ine¢ciency may be even more pervasive than previously recognized. Thus, theIPO market, albeit small in scale, has become a leading example of anomalies against thee¢cient market hypothesis (Fama 1998)....
Nội dung trích xuất từ tài liệu:
Research " Essays on the Equilibrium Valuation of IPOs and Bonds "
