The short- and long-term performance of privatization initial public offerings in Europe

Haykel Hamdi, Duc Khuong Nguyen and Hassan Obeid

No 2014-241, Working Papers from Department of Research, Ipag Business School

Abstract: This article investigates the return behavior of privatization initial public offerings (PIPOs) in Europe over both the short- and long-run horizons. Using data from a sample of 162 PIPOs over the period 1986-2008, we show that European PIPOs outperform

Keywords: privatization IPOs; short- and long-run performance; CAR; BHAR. (search for similar items in EconPapers)
Pages: 10 pages
Date: 2014-01-01
New Economics Papers: this item is included in nep-eur
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