Overview

Topic status: We're looking for students to study this topic.

We ask two research questions, the first is why some firms are more likely to be followed by analysts than other firms?

Our second question deals with the timing of the initial analyst coverage. We ask why analyst coverage happens earlier for some firms but later for other firms.

This timing issue is particularly important in Australia as there is no mandatory quiet period after listing, and, relative to the U.S., there is an observed wider distribution of time lapse between IPO listing and the initiation of analyst coverage. Therefore, the Australian setting allows us to observe a more continuous role of the underwriter in the price discovery process as soon as listing occurs.

Study level
Vacation research experience scholarship
Supervisors
QUT
Organisational unit

QUT Business School

Research area

Finance

Keywords
IPO, Management forecasts
Contact
For more information on this project, contact Associate Professor Peter Verhoeven.