@article{SchosserStroebele2019,
  author    = {Schosser, Josef and Str{\"o}bele, Heiko},
  title     = {What is the value of Facebook?},
  series = {Journal of risk finance},
  volume    = {20},
  journal   = {Journal of risk finance},
  number    = {3},
  publisher = {Emerald Group Publishing Limited},
  address   = {Bingley},
  issn      = {1526-5943},
  doi       = {10.1108/JRF-05-2018-0069},
  pages     = {267 -- 290},
  year      = {2019},
  abstract  = {On May 17, 2012, the social networking company Facebook Inc. fixes its initial public offering (IPO) price at \$38.00 a share. Over the next couple of months, contrary to expectations raised by previous IPOs, the stock price crashes more than 50 per cent. Immediately, the question arises whether the issuer's or the stock market's pricing of the share are in line with the firm's fundamentals. Thus, the purpose of this paper is to determine the company value in close proximity to the date of IPO.},
  language  = {en}
}