The return of Initial Public Offerings (IPOs) in short and long term, were always noticed by market Analysts. In Iran and after policies Asle 44 announcement by supreme leader, IPOs intensified by entering government's firms to Tehran stock markets. In this research, we compared the short and long term return of Asle 44 IPOs with other IPOs and market return. The results showed that short term return(20 days) of Asle 44 IPOs is positive and more than market short term return, but displayed no difference with other short term IPOs return. Furthermore, the long term return of Asle 44 IPOs (annual return) is positive and more than other IPOs return, but has no considerable difference with market long term return.
Karami Fakhr Abadi, M., Tataei, P., Sohrabi Araqi, M., & bolo, G. (2013). Compare the short and long term return of Asle 44 initial public offering with other IPOs and market return. Journal of Asset Management and Financing, 1(2), 87-102.
MLA
Mehran Karami Fakhr Abadi; Peyman Tataei; Mehran Sohrabi Araqi; Ghasem bolo. "Compare the short and long term return of Asle 44 initial public offering with other IPOs and market return". Journal of Asset Management and Financing, 1, 2, 2013, 87-102.
HARVARD
Karami Fakhr Abadi, M., Tataei, P., Sohrabi Araqi, M., bolo, G. (2013). 'Compare the short and long term return of Asle 44 initial public offering with other IPOs and market return', Journal of Asset Management and Financing, 1(2), pp. 87-102.
VANCOUVER
Karami Fakhr Abadi, M., Tataei, P., Sohrabi Araqi, M., bolo, G. Compare the short and long term return of Asle 44 initial public offering with other IPOs and market return. Journal of Asset Management and Financing, 2013; 1(2): 87-102.
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