Research on determinants of IPO underpricing: Evidence from China
IPO underpricing refers to the phenomenon that the IPO price in the primary market is significantly lower than the initial transaction price in the secondary market, resulting in a higher risk-free excess return. China's IPO underpricing phenomenon is quite prominent, which reduces the efficien...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2020
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| Online Access: | https://eprints.nottingham.ac.uk/61843/ |