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Keywords: Underpriced IPOs
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Journal Articles
Journal:
Review of Behavioral Finance
Review of Behavioral Finance (2018) 10 (1): 105–126.
Published: 12 March 2018
... to a month prior to listing. Findings The findings indicate that attention moderates the relationship between initial return (also surrogates underpriced IPOs) and DOP. The findings suggest that disagreement to initial returns is reduced, while liquidity in the after-market is promoted, when investors...
