Results 11 to 20 of about 35,986 (251)
Societal secrecy and IPO underpricing
Journal of Corporate Finance, 2022 Yangyang Chen +3 more
semanticscholar +2 more sources
How Different Institutional Logics Affect the Female CEO Gender Effect on IPO Underpricing in China
Entrepreneurship: Theory & Practice, 2023 Female entrepreneurs and CEOs generally face greater challenges in securing funding to exploit entrepreneurial opportunities, yet contextual factors under which such challenges are more likely to arise are less understood. We find that female-led initial
Y. Liu, H. Park, S. Velamuri
semanticscholar +1 more source
International Journal of Financial Studies, 2021 Previous research suggests that internationalization affects initial public offering (IPO) performance in the short term, but it less is known about the founders’ role in the relationship between internationalization and IPO performance.
Tharitsaya Kongkaew +2 more
doaj +1 more source
Financial Literacy and IPO Underpricing
Journal of Financial and Quantitative Analysis, 2023 Using an international sample of IPO firms and two country-level measures of financial literacy, we find strong evidence that financial literacy is negatively associated with IPO underpricing.
Xiaoran Jia +3 more
semanticscholar +1 more source
Proximity and IPO underpricing [PDF]
Journal of Corporate Finance, 2016 This paper analyses the relationship between issuers' location and IPO underpricing in the U.S. from 1986 to 2014. Issuers headquartered in rural areas are associated with lower underpricing compared to urban firms. This finding is consistent with strong local bias in rural areas accompanied by superior local information, which associates with more ...
Ulf Nielsson, Dariusz Wójcik
openaire +2 more sources
China Journal of Accounting Research, 2023 The system of central discipline inspections has become a key anti-corruption governance tool in China since 2013. This paper investigates the impact of a central discipline inspection of the China Securities Regulatory Commission (CSRC) on initial ...
Chao Yan, Zai Li, Jiaxin Wang
doaj +1 more source
Public Information and IPO Underpricing [PDF]
SSRN Electronic Journal, 2011 We analyze the eect of public information on rational investors’ incentives to reveal private information during the bookbuilding process and their demand for allocations in the IPO. Our model generates several new predictions. First, investors require more underpricing to truthfully reveal positive private information in bear markets than in bull ...
Bakke, Einar +2 more
openaire +3 more sources
Commercialization Strategy and IPO Underpricing [PDF]
Research Policy, 2017 Abstract This paper studies the interplay between two defining features of technology-based firms: licensing as a commercialization strategy and the reliance on equity financing. Within the context of an IPO, we argue that the technology commercialization strategy of a firm going public affects information asymmetries and, therefore, IPO underpricing.
Morricone, Serena +3 more
openaire +2 more sources
Shariah vs non-shariah IPO underpricing: evidence from Indonesia Stock Exchange
Journal of Islamic Accounting and Business Research, 2022 Purpose This study aims to investigate the effect of shariah status on initial public offering (IPO) underpricing, long-term performance and relationship between short-term and long-term IPO performance, and attempt to gain an insight into the nature of
S. M. Hanafi, Mamduh M. Hanafi
semanticscholar +1 more source
Where is the missing value? Evidence from the game industry IPOs underpricing in Poland
International Journal of Management and Economics, 2022 The underpricing phenomenon on financial markets has long been the research subject in many financial areas – from neoclassical to behavioral finance. Once confirmed as a persistent pattern, it has begun an ongoing discussion as to its possible causes ...
Śliwiński Paweł +3 more
doaj +1 more source