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- W3122094805 abstract "The aftermarket performance of eleven privatization Initial Public Offers (IPOs) in Chile during 1984-1989 is studied in this document, and a detailed description of the economic and political conditions that prevailed is provided. In particular, we discuss the operational details of the stock issuing mechanism, complemented with a statistical study on the IPOs’ Market Adjusted Returns. While the sample size is limited and does not support a significant external validity, the analysis confirms the presence of aftermarket performance patterns that are very similar to those observed in private and privatization IPOs reported elsewhere (Aggarwal, Leal and Hernandez, 1993; Dewenter and Malatesta, 1997; Loughran, Ritter and Rydqvist, 1994; Perotti and Guney, 1993)." @default.
- W3122094805 created "2021-02-01" @default.
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- W3122094805 date "2010-07-15" @default.
- W3122094805 modified "2023-09-25" @default.
- W3122094805 title "Stock Market Wealth-Effects During Privatization Initial Public Offers in Chile (1984-1989)" @default.
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