The underpricing of gold mining initial public offerings Dimovski, William and Brooks, Robert 2008, The underpricing of gold mining initial public offerings, Research in international business and finance, vol. 22, no. 1, pp. 1-16, doi: 10.1016/j.ribaf.2006.11.002. Attached Files Name Description MIMEType Size Downloads Title The underpricing of gold mining initial public offerings Author(s) Dimovski, William orcid.org/0000-0002-0038-8848 Brooks, Robert Journal name Research in international business and finance Volume number 22 Issue number 1 Start page 1 End page 16 Total pages 16 Publisher Elsevier B.V. Place of publication Amsterdam, The Netherlands Publication date 2008-01 ISSN 0275-5319 1878-3384 Keyword(s) IPOs underpricing gold mining Summary This study is motivated by How [How, J., 2000. The initial and long run performances of mining IPOs in Australia. Aust. J. Manage. 25, 95–118] who examined 100 Australian gold mining initial public offerings (IPOs) from 1979 to 1990 to report an average 119.51% underpricing return by those IPOs. This study updates that analysis by investigating 114 Australian gold mining IPOs from 1994 to 2004 and finds a significantly lower 13.3% average first day return. Options offered to underwriters can in part explain these returns as can the change in either the Gold Index or the All Ordinaries Index from the date of the prospectus to the date of listing. Language eng DOI 10.1016/j.ribaf.2006.11.002 Field of Research 150201 Finance Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services HERDC Research category C1 Refereed article in a scholarly journal HERDC collection year 2008 Copyright notice ©2006, Elsevier B.V. Persistent URL http://hdl.handle.net/10536/DRO/DU:30017078 Document type: Journal Article Collections: Faculty of Business and Law School of Accounting, Economics and Finance Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Fri, 14 Aug 2009, 13:49:27 EST Wed, 30 Sep 2009, 14:28:31 EST Wed, 30 Sep 2009, 14:29:34 EST Wed, 21 Apr 2010, 17:08:06 EST Thu, 23 Sep 2010, 11:17:29 EST Thu, 26 Apr 2012, 14:44:49 EST Fri, 16 May 2014, 13:16:28 EST Mon, 16 Jun 2014, 11:28:11 EST Sat, 29 Aug 2020, 02:36:26 EST Filtered Full Citation counts:   Cited 7 times in TR Web of Science Cited 9 times in Scopus Search Google Scholar Access Statistics: 1030 Abstract Views, 4 File Downloads  -  Detailed Statistics Created: Fri, 14 Aug 2009, 13:49:27 EST

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