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Keywords: Green IPOs
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Journal Articles
International Journal of Managerial Finance (2025) 21 (4): 1272–1297.
Published: 12 September 2025
... The results indicate that green IPOs tend to be underpriced in the short term but outperform non-green IPOs over longer investment horizons. This pattern suggests a negative short-run relationship between environmental performance and initial returns, likely attributable to the higher compliance...
