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Risk And Return On Newly Listed Stocks: The Post-Listing Experience

Author

Listed:
  • Arvind Bhandari
  • Theoharry Grammatikos
  • Anil K. Makhija
  • George Papaioannou

Abstract

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Suggested Citation

  • Arvind Bhandari & Theoharry Grammatikos & Anil K. Makhija & George Papaioannou, 1989. "Risk And Return On Newly Listed Stocks: The Post-Listing Experience," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 12(2), pages 93-102, June.
  • Handle: RePEc:bla:jfnres:v:12:y:1989:i:2:p:93-102
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1989.tb00105.x
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    References listed on IDEAS

    as
    1. Lindvall, John R, 1977. "New Issue Corporate Bonds, Seasoned Market Efficiency and Yield Spreads," Journal of Finance, American Finance Association, vol. 32(4), pages 1057-1067, September.
    2. McConnell, John J & Sanger, Gary C, 1987. "The Puzzle in Post-listing Common Stock Returns," Journal of Finance, American Finance Association, vol. 42(1), pages 119-140, March.
    3. G. Maxwell Ule, 1937. "Price Movements of Newly Listed Common Stocks," The Journal of Business, University of Chicago Press, vol. 10, pages 346-346.
    4. Reints, William W. & Vandenberg, Pieter A., 1975. "The Impact of Changes in Trading Location on a Security's Systematic Risk," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 10(5), pages 881-890, December.
    5. Sanger, Gary C. & McConnell, John J., 1986. "Stock Exchange Listings, Firm Value, and Security Market Efficiency: The Impact of NASDAQ," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 21(1), pages 1-25, March.
    6. Theoharry Grammatikos & George Papaioannou, 1986. "Market Reaction To Nyse Listings: Tests Of The Marketability Gains Hypothesis," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 9(3), pages 215-227, September.
    7. Weinstein, Mark I, 1978. "The Seasoning Process of New Corporate Bond Issues," Journal of Finance, American Finance Association, vol. 33(5), pages 1343-1354, December.
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    Citations

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    Cited by:

    1. David Abad & Antonio Rubia, 1999. "- Evaluation Of The Fixing Trading System In The Spanish Market," Working Papers. Serie EC 1999-17, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    2. H. Kent Baker & Richard B. Edelman, 1990. "Otc Market Switching And Stock Returns: Some Empirical Evidence," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 13(4), pages 325-338, December.
    3. Sun, Qian & Tang, Yuen-Kin & Tong, Wilson H. S., 2002. "The impacts of mass delisting: Evidence from Singapore and Malaysia," Pacific-Basin Finance Journal, Elsevier, vol. 10(3), pages 333-351, June.
    4. Walayet A. Khan & H. Kent Baker, 1993. "Unlisted Trading Privileges, Liquidity, And Stock Returns," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 16(3), pages 221-236, September.
    5. McConnell, John J. & Dybevik, Heidi J. & Haushalter, David & Lie, Erik, 1996. "A survey of evidence on domestic and international stock exchange listings with implications for markets and managers," Pacific-Basin Finance Journal, Elsevier, vol. 4(4), pages 347-376, December.
    6. Uluyol, Burhan & Hui Pu, Suan & Shaturaev, Jakhongir & Kanaparan, Geetha, 2023. "Cracking the Code of Market Secrets: A Deep Dive into Financial Anomalies," MPRA Paper 119039, University Library of Munich, Germany, revised 05 Oct 2023.

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