PT  - JOURNAL ARTICLE
AU  - Maher Kooli
AU  - Jean-François L'Her
AU  - Jean-Marc Suret
TI  - Do IPOs Really Underperform in The Long-Run? <em>New Evidence from the Canadian Market</em>
AID  - 10.3905/jpe.2006.650458
DP  - 2006 Aug 31
TA  - The Journal of Private Equity
PG  - 48--58
VI  - 9
IP  - 4
4099  - https://pm-research.com/content/9/4/48.short
4100  - https://pm-research.com/content/9/4/48.full
AB  - Kooli, L'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's performance.TOPICS: Private equity, performance measurement, statistical methods, developed