This study offers a new perspective on the stock price conduct of firms that went public through IPOs between 2009 and 2019. It tests the impact of their size, age and for-profit businesses on future performance. The analysis surrounds data from 1611 IPOs extending across 11 economic sectors, engaging the event study plan. The findings provide solid evidence that a firm's size and age be a part of predictors for both temporary and long-term price performance. In addition, skilled is a significant alternative in the long-term performance middle from two points sectors and 'tween small and large firms inside each sector, accompanying smaller firms exhibiting more distinct underperformance over time. This wonder can be assign to differences in publicly feasible information, seen risk, and resource availability betwixt older, best firms and their younger, smaller matches. Notably, the study reveals specific sector-distinguishing patterns in the age of firms going public. There is a clear tendency for firms in the healthcare and science sectors to make known at a relatively younger age than those in additional sectors, emphasize the strategic advantages of early IPOs for these rules. These findings hold suggestions for asset pricing and offer valuable acumens for investors busy in IPOs.
Author(s) Details:
Smadar Siev,
School
of Business Administration, Ono Academic College; Kiryat Ono 759, Israel.
Please see the link here: https://stm.bookpi.org/AOBMER-V4/article/view/12347
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