Initial public offering (IPO) underpricing in China A -share market
Research in literature illustrates that initial public offerings (IPO) price are underestimated in the primary market. This paper investigates 270 new issue shares from 10th January 2011 to 30th December 2014 excluding data from 2013 because CSRC postponed IPO; I find that the average market-adjuste...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2015
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| Online Access: | https://eprints.nottingham.ac.uk/30071/ |