Research Commons
      • Browse 
        • Communities & Collections
        • Titles
        • Authors
        • By Issue Date
        • Subjects
        • Types
        • Series
      • Help 
        • About
        • Collection Policy
        • OA Mandate Guidelines
        • Guidelines FAQ
        • Contact Us
      • My Account 
        • Sign In
        • Register
      View Item 
      •   Research Commons
      • University of Waikato Research
      • Management
      • Management Papers
      • View Item
      •   Research Commons
      • University of Waikato Research
      • Management
      • Management Papers
      • View Item
      JavaScript is disabled for your browser. Some features of this site may not work without it.

      The return to initial public offerings: A Sino-Indian comparison

      Locke, Stuart; Gupta, Kartick
      DOI
       10.1080/13691060902975185
      Link
       www.informaworld.com
      Find in your library  
      Citation
      Export citation
      Locke, S. & Gupta, K. (2009). The return to initial public offerings: A Sino-Indian comparison. Venture Capital, 11(3), 255-277.
      Permanent Research Commons link: https://hdl.handle.net/10289/2709
      Abstract
      The ability of entrepreneurs and other promoters of start-up businesses to exit through an initial public offering is an important component of a mature capital market. The returns on initial public offerings (IPOs) on the Shanghai and Bombay stock exchanges over a 14-year period to May 2007 are analysed in this paper. Consideration is given to the medium to longer-term returns accruing to the new listings. The focus is not on initial subscribers' gains or losses on listing but rather on the extent to which new listings continue and generate at least normal returns. The two emerging economies considered have differing political, legal and economic systems and exhibit significantly different return patterns.
      Date
      2009
      Type
      Journal Article
      Collections
      • Management Papers [1125]
      Show full item record  

      Usage

       
       
       

      Usage Statistics

      For this itemFor all of Research Commons

      The University of Waikato - Te Whare Wānanga o WaikatoFeedback and RequestsCopyright and Legal Statement