Browsing Strathmore Institute of Mathematical Sciences (SIMs) by Subject "IPO Underpricing"
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Underpricing of initial public offerings at the Nairobi Securities Exchange between 1994 and 2014
(Strathmore University, 2015-11)Under pricing of initial Public Offerings is characterized by the closing price being higher than the offer price on the first day of trading. Research carried out in different financial markets has generated varied results ...