Results 11 to 20 of about 9,379 (192)
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
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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
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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
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Journal of Business Economics and Management, 2021 Listing markets have different cultural backgrounds and experience different economic development. This study examines the impact of cultural values and the moderating effect of economic growth on IPO underpricing issued by Chinese companies in different
Peixuan Geng, Qingmei Tan
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Long-Term Effect of IPO Underpricing on Aftermarket Liquidity [PDF]
E3S Web of Conferences, 2023 This research examines the long-term effect of IPO underpricing on the aftermarket liquidity for firms that decided to go public on the IDX between the period of 2016 to 2019.
Karyono Almanda Vallerie +2 more
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FACTORS AFFECTING IPO UNDERPRICING
International Journal of Application on Economics and Business, 2023 One of the means for companies to carry out an initial offering of shares or what is commonly known as an Initial Public Offering (IPO) in the primary market. In conducting an initial share offering there is an underpricing phenomenon. Underpricing is a phenomenon where the initial offering price of shares is lower than the closing price of shares on ...
Darryl Darryl, Yusbardini Yusbardini
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EFFECT OF ACCOUNTING INFORMATION AND NON-ACCOUNTING INFORMATION ON UNDER-PRICING IPO AND FIRM VALUE: A STUDY OF COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE DURING PERIOD OF 2008-2014 [PDF]
Russian Journal of Agricultural and Socio-Economic Sciences, 2019 Underpricing phenomenon occurs in stock markets in the world, including in the UK, in Australia, in the United States, in South Africa, in Korea in, China, in Malaysia and in Indonesia. Previous studies that discussed the effect of Accounting Information
Budianto K. +3 more
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PENGARUH EPS, PROCEEDS, SERTA REPUTASI UNDERWRITER TERHADAP UNDERPRICING [PDF]
Ekonomi dan Bisnis, 2015 This study was conducted to prove the influence of eps, proceeds, and underwriter reputation to the underpricing in companies doing an IPO (Initial Public Offering) in the period from 2011 to 2013.
Raisa Aningtya, Jubaedah Jubaedah
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Air pollution, bid price bias, and IPO underpricing
Borsa Istanbul Review, 2023 We examine the impact of air pollution on underpricing of initial public offerings (IPOs) and its underlying mechanisms. Our findings suggest that IPO underpricing increases when air pollution is more severe in cities where bidding investors are located.
Qi Wang +3 more
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IPO Stock Performance amidst the COVID-19 Pandemic: Has It been Undervalued?
Jurnal Dinamika Akuntansi dan Bisnis, 2021 The purpose of this study is to examine the underpricing phenomenon from IPO firms listed in Indonesia Stock Exchange during the COVID-19 pandemic. Using purposive sampling method, 34 IPO firms after the announcement of pandemic COVID-19 were selected as
Randy Kuswanto
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