TY - THES ID - 146389102 TI - La sous-évaluation des titres nouvellement introduits sur le marché financier AU - Ossohou, Jean-Florian AU - Sougné, Danielle AU - Broché, Patrick AU - Bonesire, Thomas PY - 2020 PB - Liège Université de Liège (ULiège) DB - UniCat KW - IPO KW - Initial Public Offering KW - Undervaluation KW - Sous-évaluation KW - Introduction en Bourse KW - Sciences économiques & de gestion > Finance UR - https://www.unicat.be/uniCat?func=search&query=sysid:146389102 AB - Undervaluation is a phenomenon that can result from the determination of the price of shares offered during an IPO. Thus, the price of the shares issued is set at a lower price than what the market is willing to pay. As a result, this undervaluation leads to a high positive initial return from the first days of listing of the shares issued on the financial market. This work aims to understand the reasons for such a phenomenon through empirical studies conducted on the subject. In addition, it aims to answer the following question: "To what extent can the shares of companies going public be undervalued ? ». This work will also attempt to detect the phenomenon of undervaluation and explain its causes through a practical analysis of a number of companies listed on the regulated market Euronext Brussels. ER -