Articles by Author: Tsung Nan Hsieh

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  1. The disposition effect, price performance and fundamentals of IPOs: Evidence from Taiwan

    The disposition effect, price performance and fundamentals of IPOs: Evidence from Taiwan

    Item type: Journal Article • Journal: Investment Analysts Journal
    This study investigates whether the difference of the IPO issuing companies’ fundamentals impacts their price performance after listing and the significance of the disposition effect. Empirical results show that the IPO issuing companies’ fundamentals drive their first-day post-listing returns, one-year...