An Empirical Analysis on the Underpricing of Chinese A-share IPOs
Abstract The Chinese stock exchange is naturally characterized by information asymmetry, inequality between the supply and demand of certain IPOs due to its relatively high economic uncertainty inherent from the previous privatization process. Meanwhile whether to adopt underwriter reputation as an...
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Format: | Dissertation (University of Nottingham only) |
Language: | English English |
Published: |
2012
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Online Access: | http://eprints.nottingham.ac.uk/26129/ http://eprints.nottingham.ac.uk/26129/3/dissertation_Zhang_Bingtian.pdf http://eprints.nottingham.ac.uk/26129/2/dissertation_Zhang_Bingtian.pdf |