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Author
Mikołajek-Gocejna Magdalena (Szkoła Główna Handlowa w Warszawie), Podedworna-Tarnowska Dorota (Szkoła Główna Handlowa w Warszawie)
Title
Oczekiwania inwestorów w procesie IPO a efekt niedowartościowania
Expectations of Investors in the Process of IPO and the Effect of Underpricing
Source
Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia, 2012, nr 51, s. 609-618, bibliogr. 18 poz.
Keyword
Niedoszacowanie cen akcji, Akcje, Giełda, Wycena przedsiębiorstwa
Underpricing, Shares, Stock exchange, Enterprise valuation
Note
streszcz., summ..
Abstract
W artykule przedstawiono specyficzny rodzaj czynnika kształtującego ceny akcji w dniu debiutu, jakim są oczekiwania inwestorów oraz efekt niedowartościowania. Oczekiwania w procesie IPO są kształtowane w oparciu o przesłanie inwestycyjne tzw. equity story oraz unikalną propozycję wartości spółki. Te z kolei decydują o cenie zamknięcia pierwszego dnia notowań i efekcie niedowartościowania spółki. (abstrakt oryginalny)

The article presents a specific type of factor, influencing the share price during the debut, comprising of expectations of investors and the effect of underpricing. Expectations in the IPO process are developed on the basis of the equity story and the unique value proposition of the company. These consequently determine the closing price of the first day of trading and the effect of underpricing of the company.(original abstract)
Accessibility
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Szczecin University Main Library
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Bibliography
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ISSN
1640-6818
1733-2842
Language
pol
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