@article {Kooli48, author = {Maher Kooli and Jean-Fran{\c c}ois L{\textquoteright}Her and Jean-Marc Suret}, title = {Do IPOs Really Underperform in The Long-Run? New Evidence from the Canadian Market }, volume = {9}, number = {4}, pages = {48--58}, year = {2006}, doi = {10.3905/jpe.2006.650458}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Kooli, L{\textquoteright}Her, and Suret analyze 141 Canadian IPOs from the period 1986 to 2000 and take a different approach. They question the method of how to measure long-term performance and if other analysts are using the right benchmark. The issue is whether to use a value-weighted or equally-weighted portfolio to compare returns. Their review will help sharpen the measurement issues as you measure your own portfolio{\textquoteright}s performance.TOPICS: Private equity, performance measurement, statistical methods, developed}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/9/4/48}, eprint = {https://jpe.pm-research.com/content/9/4/48.full.pdf}, journal = {The Journal of Private Equity (Retired)} }