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Keywords: IPO initial returns
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Journal Articles
International Journal of Managerial Finance (2019) 15 (5): 719–743.
Published: 02 May 2019
... directors on the board at the time of an IPO. Findings The results show that the presence and proportion of female directors at the time of the IPO have negative effects on IPO initial returns (IR). The negative effects occur at both the conditional mean and the dispersion of IPO IR. These results...
