A Study of the influencing Factors of IPO’s Initial Abnormal Returns in ChiNext: Evidence from 319 listed companies
The paper investigates the underpricing phenomenon of initial public offering (IPO) in ChiNext by studying 319 IPOs from 2010 to 2012. The average underpricing for ChiNext during the sample period is about 27.8%. The study reviews the nine western theories that explain the IPO underpricing. Among th...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2016
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| Online Access: | https://eprints.nottingham.ac.uk/36338/ |