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Evidence on the Trade-Off between Risk and Return for IPO and SEO Firms Alon Brav, Roni Michaely, Michael Roberts, and Rebecca Zarutskie∗ Do the low long-run average returns of equity issuers reflect underperformance d
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Document Date: 2009-06-08 11:19:42
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Evidence on the Trade-Off between Risk and Return for IPO and SEO Firms Alon Brav, Roni Michaely, Michael Roberts, and Rebecca Zarutskie∗ Do the low long-run average returns of equity issuers reflect underperformance d