نویسندگان
1 دانشگاه آزاد اسلامی،واحد علوم و تحقیقات
2 دانشگاه آزاد اسلامی،واحد تهران شمال
3 دانشگاه آزاد اسلامی
چکیده
کلیدواژهها
موضوعات
عنوان مقاله [English]
نویسندگان [English]
Our study investigates the relationship between after-market liquidity and initial public offering (IPO) price. We also examine effects of other factors such as: firm size, belonging to the high-risk industry, IPO size, reputation of the underwriter and firm age on IPO price. The sample consists of all IPOs issued in Iran stock exchange during 2006-2012.the actual data cover the period from sep2006 to march2012.our findings indicate that IPO price is positively related to after-market liquidity and there is no relationship between IPO price and other factors such as: firm size, belonging to the high-risk industry, IPO size, reputation of the underwriter and firm age.
کلیدواژهها [English]