Are IPOs Really Attractive for Everyone?
Finding the main factors that decide the short-term
and long-term performance of IPOs
Feng Li
Faculty of Economics
University of Groningen
Under the supervision of
Mark Helmantel
Appendix 1: Figures
Figure 1: Numbers of IPO Included in the Test Sample
Figure 3: Comparison of Industry Distribution from 1998 to 2003
Industry Distribution in Each Year
0 10 20 30 40 50 60 70 80 1998 1999 2000 2001 2002 2003 1*** 2*** 3*** 4*** 5*** 6*** 7*** 8*** .com