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The long-run performance of IPOs: the case of the Stock Exchange of Mauritius
This study examines the long-run performance of initial public offerings on the Stock Exchange of Mauritius (SEM). The results show that the 3-year equally weighted cumulative adjusted returns average −16.5%. The magnitude of this underperformance is consistent with most reported studies in different developed and emerging markets. Based on multivariate regression models, firms with small issues and higher ex ante financial strength seem on average to experience greater long-run underperformance, supporting the divergence of opinion and overreaction hypotheses. On the other hand, Mauritian firms do not on average time their offerings to lower cost of capital and as such, there seems to be limited support for the windows of opportunity hypothesis
Characteristics of Different Systems for the Solar Drying of Crops
Solar dryers are used to enable the preservation of agricultural crops, food processing industries for
dehydration of fruits and vegetables, fish and meat drying, dairy industries for production of milk powder,
seasoning of wood and timber, textile industries for drying of textile materials. The fundamental concepts and
contexts of their use to dry crops is discussed in the chapter. It is shown that solar drying is the outcome of
complex interactions particular between the intensity and duration of solar energy, the prevailing ambient
relative humidity and temperature, the characteristics of the particular crop and its pre-preparation and the
design and operation of the solar dryer
NimbleAI: towards neuromorphic sensing-processing 3D-integrated chips
Computer Systems, Imagery and Medi
Combined photocatalytic and Fenton oxidation of methyl orange dye using iron exchanged titanium Pillared Montmorillonite
Combined Photocatalytic and Fenton Oxidation of Methyl Orange Dye using Iron Exchanged Titanium Pillared Montmorillonite
PBI24 SECUKINUMAB VS ADALIMUMAB FOR THE TREATMENT OF ANKYLOSING SPONDYLITIS: A COST PER RESPONDER ANALYSIS AT 52 WEEKS FROM AN ALGERIAN PERSPECTIVE
PSS42 - SECUKINUMAB SIGNIFICANTLY REDUCES PSORIASIS-RELATED WORK IMPAIRMENT AND INDIRECT COSTS COMPARED TO USTEKINUMAB AND ETANERCEPT IN MOROCCO
PSS41 - SECUKINUMAB SIGNIFICANTLY REDUCES PSORIASIS-RELATED WORK IMPAIRMENT AND INDIRECT COSTS COMPARED TO USTEKINUMAB AND ETANERCEPT IN TUNISIA
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