Browsing FREDS Research Publications by Author "Colak, Gonul"
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Primary market characteristics and secondary market frictions of stocks
Boehme, Rodney; Colak, Gonul (Elsevier, 2012-05)We analyze the primary market characteristics and the secondary market trading frictions of new stocks. IPOs issued in hot markets, with low offer price, low-reputation underwriters or no VC backing face higher liquidity ...