Stock Price Performance of a Portfolio of Japanese Ventures After IPO

Dimitry Rtischev

Gakushuin Economic Papers, 2023, vol. 60, issue 3, 197-215

Abstract: The paper examines stock market performance of a portfolio of 47 Japanese ventures that were founded by young entrepreneurs after 1995 and held an initial public offering between 2000 and 2021. Assuming investments were made on the day of the IPO of each venture, it is found that the ventures portfolio significantly outperformed the Nikkei Average in most years between 2000 and 2023. However much of the performance differential is attributable to one or several of the ventures in the portfolio.

Keywords: startups; ventures; IPO; stock market; entrepreneurship; Japan (search for similar items in EconPapers)
JEL-codes: G11 G24 L26 (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.gakushuin.ac.jp/univ/eco/gakkai/pdf_fi ... ev/6003_Rtischev.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:abc:gakuep:60-3-2

Access Statistics for this article

More articles in Gakushuin Economic Papers from Gakushuin University, Faculty of Economics 1-5-1 Mejiro, Toshima-ku, Tokyo 171-8588 Japan. Contact information at EDIRC.
Bibliographic data for series maintained by administrator ().