Is There A Post Listing Anomaly For IPOs Overseas Listing?

Moustafa Fadl

Asian Journal of Empirical Research, 2013, vol. 3, issue 9, 1106-1130

Abstract: Both the IPO literature and cross listing literature document that soon after the overseas listing of IPOs, the results are negative abnormal returns, and that phenomenon are “ post listing anomaly”. This paper checks whether there is a post listing anomaly and tries to find reasons for it. The paper concludes that the post listing anomaly does not exist. Further, some companies time the market while others do not when they consider listing their IPOs overseas.

Keywords: IPO; Cross listing; Market efficiency; Abnormal returns (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://archive.aessweb.com/index.php/5004/article/view/3588/5692 (application/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:asi:ajoerj:v:3:y:2013:i:9:p:1106-1130:id:3588

Access Statistics for this article

More articles in Asian Journal of Empirical Research from Asian Economic and Social Society
Bibliographic data for series maintained by Robert Allen ().