Abstract

The primary objective of this paper is to examine a number of variables that can have a significant impact on formation of IPO waves in the banking sector. As the banking industry has faced several crises during the last two decades that led to a tightening of control over the sector, banks actively resorted to the IPO market as a way to attract additional capital to cope with the strict regulation standards and expand their business activities. Banks tended to place their shares during hot IPO markets causing clusterization. The current study finds relationship between several macro variables that can affect formation of hot IPO markets leading to an increase in IPO volume.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.