id author title date pages extension mime words sentence flesch summary cache txt cjfa-56736 Aissia, Dorsaf Ben; Chakroun, Alaa Eddine Study of the Performance and Determinants of Initial Coin Offering 2024 19 .pdf application/pdf 10200 415 59 Models of first-day returns: 𝑅𝑅�� οΏ½ 𝐸𝐸 οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝑅𝑅𝐸𝐸20οΏ½οΏ½ οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝐸𝐸𝐢𝐢 𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿�� οΏ½ οΏ½οΏ½ βˆ— 𝐼𝐼𝐸𝐸𝐢𝐢 𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺 𝑃𝑃𝐺𝐺𝐺𝐺𝐿𝐿𝐿𝐿𝐿𝐿𝑃𝑃�� οΏ½ οΏ½οΏ½οΏ½ (1) 𝐸𝐸𝐸𝐸�� οΏ½ 𝐸𝐸 οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝑅𝑅𝐸𝐸20οΏ½οΏ½ οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝐸𝐸𝐢𝐢 𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿�� οΏ½ οΏ½οΏ½ βˆ— 𝐼𝐼𝐸𝐸𝐢𝐢 𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺 𝑃𝑃𝐺𝐺𝐺𝐺𝐿𝐿𝐿𝐿𝐿𝐿𝑃𝑃�� οΏ½ οΏ½οΏ½οΏ½ (2) 𝑉𝑉𝐸𝐸�� οΏ½ 𝐸𝐸 οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝑅𝑅𝐸𝐸20οΏ½οΏ½ οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝐸𝐸𝐢𝐢 𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿�� οΏ½ οΏ½οΏ½ βˆ— 𝐼𝐼𝐸𝐸𝐢𝐢 𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺𝐺 𝑃𝑃𝐺𝐺𝐺𝐺𝐿𝐿𝐿𝐿𝐿𝐿𝑃𝑃�� οΏ½ οΏ½οΏ½οΏ½ (3) (1) Methodology Our data is in the form of panel data, we try to apply the fixed effect or the random effect but because of the data we find we are obliged to use pool data. Models of first-day returns: 𝑅𝑅�� οΏ½ 𝐸𝐸 οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝑅𝑅𝐸𝐸20οΏ½οΏ½ οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝐸𝐸𝐢𝐢 𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿�� οΏ½ οΏ½οΏ½ βˆ— 𝐼𝐼𝐸𝐸𝐢𝐢 𝐿𝐿𝑔𝑔𝑔𝑔𝑔𝑔𝑔𝑔 𝑝𝑝𝑔𝑔𝑔𝑔𝐿𝐿𝐿𝐿𝐿𝐿𝑝𝑝�� οΏ½ οΏ½οΏ½οΏ½ (1) 𝐸𝐸𝐸𝐸�� οΏ½ 𝐸𝐸 οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝑅𝑅𝐸𝐸20οΏ½οΏ½ οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝐸𝐸𝐢𝐢 𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿�� οΏ½ οΏ½οΏ½ βˆ— 𝐼𝐼𝐸𝐸𝐢𝐢 𝐿𝐿𝑔𝑔𝑔𝑔𝑔𝑔𝑔𝑔 𝑝𝑝𝑔𝑔𝑔𝑔𝐿𝐿𝐿𝐿𝐿𝐿𝑝𝑝�� οΏ½ οΏ½οΏ½οΏ½ (2) 𝑉𝑉𝐸𝐸�� οΏ½ 𝐸𝐸 οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝑅𝑅𝐸𝐸20οΏ½οΏ½ οΏ½ οΏ½οΏ½ βˆ— 𝐸𝐸𝐸𝐸𝐢𝐢 𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿𝐿�� οΏ½ οΏ½οΏ½ βˆ— 𝐼𝐼𝐸𝐸𝐢𝐢 𝐺𝐺𝑔𝑔𝑔𝑔𝑔𝑔𝑔𝑔 𝑃𝑃𝑔𝑔𝑔𝑔𝐿𝐿𝐿𝐿𝐿𝐿𝑝𝑝�� οΏ½ οΏ½οΏ½οΏ½ (3) (3) study of thE PErformanCE and dEtErminants… 1313 Models of Time to market and delisting:Models of Time to market and delisting: Models of Time to market and delisting: 𝑇𝑇𝑇𝑇𝑇𝑇𝑇𝑇 𝑑𝑑𝑑𝑑 π‘‡π‘‡π‘šπ‘šπ‘šπ‘šπ‘šπ‘šπ‘‡π‘‡π‘‘π‘‘οΏ½οΏ½ οΏ½ 𝐢𝐢 οΏ½ 𝛽𝛽� βˆ— π‘‡π‘‡π‘‡π‘‡π‘šπ‘šπ‘‡π‘‡ 𝑆𝑆𝑇𝑇𝑆𝑆𝑇𝑇�� οΏ½ 𝛽𝛽� βˆ— 𝐢𝐢𝐢𝐢𝐢𝐢 πΏπΏπ‘‡π‘‡πΏπΏπ‘šπ‘šπΏπΏπΏπΏοΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— 𝐾𝐾𝐾𝐾𝐢𝐢�� οΏ½ οΏ½οΏ½οΏ½ (4) 𝐷𝐷𝑇𝑇𝐷𝐷𝑇𝑇𝐷𝐷𝑑𝑑𝑇𝑇𝐷𝐷𝐿𝐿�� οΏ½ 𝐢𝐢 οΏ½ 𝛽𝛽� βˆ— π‘‡π‘‡π‘‡π‘‡π‘šπ‘šπ‘‡π‘‡ 𝑆𝑆𝑇𝑇𝑆𝑆𝑇𝑇�� οΏ½ 𝛽𝛽� βˆ— 𝐢𝐢𝐢𝐢𝐢𝐢 πΏπΏπ‘‡π‘‡πΏπΏπ‘šπ‘šπΏπΏπΏπΏοΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— 𝐾𝐾𝐾𝐾𝐢𝐢�� οΏ½ οΏ½οΏ½οΏ½ (5) Models of Nominal Return and ICO Gross Proceed: π‘π‘π‘‘π‘‘π‘‡π‘‡π‘‡π‘‡π·π·π‘šπ‘šπ·π· π‘…π‘…π‘‡π‘‡π‘‘π‘‘π‘…π‘…π‘šπ‘šπ·π·οΏ½οΏ½ οΏ½ 𝐢𝐢 οΏ½ 𝛽𝛽� βˆ— 𝐾𝐾𝐾𝐾𝐢𝐢�� οΏ½ 𝛽𝛽� βˆ— 𝐼𝐼𝐢𝐢𝐢𝐢 πΊπΊπ‘šπ‘šπ‘‘π‘‘π·π·π·π· π‘ƒπ‘ƒπ‘šπ‘šπ‘‘π‘‘πΏπΏπ‘‡π‘‡π‘‡π‘‡π‘ƒπ‘ƒ οΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— 𝐢𝐢𝑅𝑅𝐢𝐢20οΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— Major CryptocurrenciesοΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— 𝐼𝐼𝐢𝐢𝐢𝐢 π·π·π‘…π‘…π‘šπ‘šπ‘šπ‘šπ‘‘π‘‘π‘‡π‘‡π‘‘π‘‘π·π·οΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— π‘ˆπ‘ˆ. 𝑆𝑆.𝐴𝐴 π‘…π‘…π‘‡π‘‡π·π·π‘‘π‘‘π‘šπ‘šπ‘‡π‘‡πΏπΏπ‘‘π‘‘π‘‡π‘‡π‘‘π‘‘π·π·οΏ½οΏ½ οΏ½οΏ½οΏ½οΏ½ 𝐿𝐿𝐼𝐼𝐢𝐢𝐢𝐢 πΊπΊπ‘šπ‘šπ‘‘π‘‘π·π·π·π· π‘ƒπ‘ƒπ‘šπ‘šπ‘‘π‘‘πΏπΏπ‘‡π‘‡π‘‡π‘‡π‘ƒπ‘ƒοΏ½οΏ½ οΏ½ 𝐢𝐢 οΏ½ 𝛽𝛽� βˆ— 𝐾𝐾𝐾𝐾𝐢𝐢�� οΏ½ 𝛽𝛽� βˆ— 𝐼𝐼𝐢𝐢𝐢𝐢 πΊπΊπ‘šπ‘šπ‘‘π‘‘π·π·π·π· π‘ƒπ‘ƒπ‘šπ‘šπ‘‘π‘‘πΏπΏπ‘‡π‘‡π‘‡π‘‡π‘ƒπ‘ƒ οΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— 𝐢𝐢𝑅𝑅𝐢𝐢20οΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— Major CryptocurrenciesοΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— 𝐼𝐼𝐢𝐢𝐢𝐢 π·π·π‘…π‘…π‘šπ‘šπ‘šπ‘šπ‘‘π‘‘π‘‡π‘‡π‘‘π‘‘π·π·οΏ½οΏ½ οΏ½ 𝛽𝛽� βˆ— π‘ˆπ‘ˆ. 𝑆𝑆.𝐴𝐴 π‘…π‘…π‘‡π‘‡π·π·π‘‘π‘‘π‘šπ‘šπ‘‡π‘‡πΏπΏπ‘‘π‘‘π‘‡π‘‡π‘‘π‘‘π·π·οΏ½οΏ½ οΏ½οΏ½οΏ½οΏ½ (7) cache/cjfa-56736.pdf txt/cjfa-56736.txt