Ownership Concentration and IPO Underpricing: Evidence from the U.S. Stock Market
Underpricing for Initial Public Offering (IPO) is one of the hottest field financial researchers studied. Many existing theories have tried to explain the reason for underpricing. This study proposes that IPO is not a basic step for a firm raising new capital. It is also a conflict process of intere...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2012
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| Online Access: | http://eprints.nottingham.ac.uk/25695/ http://eprints.nottingham.ac.uk/25695/1/Ownership_Concentration_and_IPO_Underpricing_Evidence_from_the_U.S._Stock_Market.pdf |