IPO performance in business to business “B2B” e-commerce firms: effects of strategy and industry (original) (raw)

IPO performance in business to business “B2B” e-commerce firms: effects of strategy and industry

Managerial Finance, 2001

Abstract

This study examines the valuations of B2B Internet firms, and the issue of post-IPO short-term underpricing and long-term underperformance. But rather than relying on in-stitutional or agency approaches, we have examined firm strategy and industry-specific variables. Based upon ...

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