Concepedia

Post-ipo Performance Anomaly

Post-IPO Performance Anomaly is a market anomaly characterized by the systematic underperformance of stocks in the years following their initial public offering relative to benchmark indices or peer firms, despite initial price surges, thereby deviating from the predictions of efficient market theory.

189

Publications

16.6K

Citations

345

Authors

257

Institutions

Publications per year

2017–2026

46

Variants

Ipo UnderperformanceLong-run Ipo Underperformance

Parents

Publications

189

Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆

Jintu Fan, T. Wong, Teng Zhang · Journal of Financial Economics · 2007 · 2.7K citations

, , +13

The anomalous stock market behavior of small firms in January

Marc R. Reinganum · Journal of Financial Economics · 1983 · 872 citations

, , +14

The Long-Run Performance of Initial Public Offerings

Jay R. Ritter · The Journal of Finance · 1991 · 854 citations

, , +15

Is the abnormal return following equity issuances anomalous?

Alon Brav, Christopher Géczy, Paul A. Gompers · Journal of Financial Economics · 2000 · 820 citations

, , +16

Litigation risk and IPO underpricing

Michelle Lowry, Susan Shu · Journal of Financial Economics · 2002 · 512 citations

, , +9

1–5 of 189

Authors

345

  1. SV
    Silvio Vismara

    University of Bergamo, Italy

    5 publications · 123 citations

    5

    h-index

  2. WB
    Wolfgang Bessler

    Justus-Liebig-Universität Gießen, Germany

    4 publications · 125 citations

    4

    h-index

  3. AK
    Arif Khurshed

    University of Manchester, United Kingdom

    4 publications · 221 citations

    4

    h-index

  4. ML
    Michelle Lowry

    Drexel University, United States

    4 publications · 709 citations

    4

    h-index

  5. SC
    Salim Chahine

    American University of Beirut, Lebanon

    4 publications · 186 citations

    4

    h-index

1–5 of 345

Institutions

257

  1. New York University

    New York, United States

    5 h-index

    7 publications

    333 citations

  2. University of Manchester

    Manchester, United Kingdom

    5 h-index

    7 publications

    511 citations

  3. University of Bergamo

    Bergamo, Italy

    5 h-index

    8 publications

    207 citations

  4. European Corporate Governance Institute

    Brussels, Belgium

    5 h-index

    6 publications

    329 citations

  5. University of Southern California

    Los Angeles, United States

    5 h-index

    5 publications

    1.5K citations

  6. Tel Aviv University

    Tel Aviv, Israel

    4 h-index

    4 publications

    391 citations

  7. University of Pennsylvania

    Philadelphia, United States

    4 h-index

    5 publications

    1.2K citations

  8. Tilburg University

    Tilburg, The Netherlands

    4 h-index

    4 publications

    263 citations

1–8 of 257

Venues

  1. SSRN Electronic Journal

    Repository · 41 publications · 1.6K citations

    20

    h-index

  2. Journal of Corporate Finance

    8 publications · 453 citations

    8

    h-index

  3. Journal of Financial Economics

    8 publications · 5.7K citations

    8

    h-index

  4. Journal of Business Finance &amp Accounting

    7 publications · 316 citations

    7

    h-index

  5. The Journal of Finance

    5 publications · 2.3K citations

    5

    h-index

1–5