This book really is true to its title. Broken down into four parts (Performance of IPOs, IPO Underpricing: International Evidence, Corporate Structure and IPO Evaluation and Bookbuilding, Listing and Underwriting) the reader will find international topics and also country-specific chapters for Taiwan, Turkey, Germany, Spain, France, Australia, USA and even Austria. In total there are 25 contributions from international academics and practitioners. There is no other book that describes the different aspects of IPOs in such detail and completeness. This highly recommended edited volume will serve as a reference text for professionals within the investment banking or private equity industry as well as for finance students.
Dieter G. Kaiser, Institutional Research, Benchmark Alternative Strategies, Frankfurt am Main, Germany