Resumo

QUINTANA MONTERO, DAVID  e  ISASI VINUELA, PEDRO. Incorporating temporary and transverse information to the forecast of stock performance during initial public offerings. estud.gerenc. [online]. 2007, vol.23, n.103, pp.85-96. ISSN 0123-5923.

This article discusses the short-term performance of initial public offerings using an approach that considers both cross-sectional and longitudinal perspectives. We present a way to combine the inertia in the IPO market and variables related to the offering structure to predict the initial return of specific companies. The combination of both results in a substantial increase in the explanatory power of the regression models used to asses the results.

Palavras-chave : IPO; underpricing; inertia.

        · resumo em Espanhol     · texto em Espanhol     · Espanhol ( pdf )