Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC
The primary objective of this thesis was to investigate the relationship between earnings management, underpricing, and the post-issue stock performance of PRC SMEs. The analysis was based on a sample of 464 PRC IPOs listed during 2006 to 2010. The higher pre-IPO total discretionary accruals were fo...
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| Format: | Thesis |
| Language: | English |
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Curtin University
2014
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| Online Access: | http://hdl.handle.net/20.500.11937/260 |
| _version_ | 1848743328581943296 |
|---|---|
| author | Gao, Jing |
| author_facet | Gao, Jing |
| author_sort | Gao, Jing |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The primary objective of this thesis was to investigate the relationship between earnings management, underpricing, and the post-issue stock performance of PRC SMEs. The analysis was based on a sample of 464 PRC IPOs listed during 2006 to 2010. The higher pre-IPO total discretionary accruals were found to be associated with higher underpricing and poorer post-issue stock performance. The results have important contributions, with implications for various parties, such as investors and authorities. |
| first_indexed | 2025-11-14T05:43:50Z |
| format | Thesis |
| id | curtin-20.500.11937-260 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T05:43:50Z |
| publishDate | 2014 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-2602017-02-20T06:42:41Z Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC Gao, Jing The primary objective of this thesis was to investigate the relationship between earnings management, underpricing, and the post-issue stock performance of PRC SMEs. The analysis was based on a sample of 464 PRC IPOs listed during 2006 to 2010. The higher pre-IPO total discretionary accruals were found to be associated with higher underpricing and poorer post-issue stock performance. The results have important contributions, with implications for various parties, such as investors and authorities. 2014 Thesis http://hdl.handle.net/20.500.11937/260 en Curtin University fulltext |
| spellingShingle | Gao, Jing Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC |
| title | Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC |
| title_full | Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC |
| title_fullStr | Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC |
| title_full_unstemmed | Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC |
| title_short | Earnings management, underpricing and post-issue stock performance of SME IPOs in the PRC |
| title_sort | earnings management, underpricing and post-issue stock performance of sme ipos in the prc |
| url | http://hdl.handle.net/20.500.11937/260 |