Results 41 to 50 of about 35,986 (251)

Urban Economic Openness and IPO Underpricing [PDF]

open access: yesThe Journal of Real Estate Finance and Economics, 2017
This paper represents a first attempt to employ a macroeconomic approach to explain the high and varying IPO underpricing within a single emerging market. We examine the empirical impact of trade openness on the short-run underpricing of initial public offerings (IPOs) using city-level data. Particularly, we argue that urban economic openness (UEO) has
Gianluca Marcato   +2 more
openaire   +3 more sources

Microblog publicity and IPO underpricing

open access: yesChina Journal of Accounting Studies, 2022
Based on many cases of publicity using social media in the market, this paper empirically examines the damage of microblog publicity to market efficiency by using the sample of IPO companies.
Chao Dou, Xue Yang, Xuejin Bai, Rui Sun
doaj   +1 more source

The Role of Admission Documents on the Pricing of UK Fixed Priced IPOs [PDF]

open access: yes, 2018
Using text sentiment analysis, we investigate the impact of the length of prospectuses on IPO pricing for a sample of UK Fixed Priced IPOs between 2004 and 2012 and show more information in the prospectus improves price accuracy as longer admission ...
Falconieri, S., Tastan, M.
core   +1 more source

The Impact of Financial Disclosure on Stock Performance of Initial Public Offerings in the Indonesian Capital Market

open access: yesПроблеми сучасних трансформацій. Серія: економіка та управління
This research aims to explore whether the proceeds, age, revenue, and underwriter rating of IPO companies affect disclosure; whether disclosure mediates the relationship between the four exogenous variables and underpricing; and whether underpricing ...
Arni Utamaningsih   +4 more
doaj   +1 more source

Underpricing, Faktor Robust Ipo Pada Bursa Efek Indonesia

open access: yesJurnal Manajemen Teori dan Terapan, 2016
This study proves that underpricing is a robust factor on the Indonesia Stock Exchange. This research examines the pricing of IPO, the allocation of shares to groups of institutional investors, the underwriter reputation toward underpricing, price ...
Arni Utamaningsih
doaj   +1 more source

Studi Empiris Tingkat Underpricing pada Initial Public Offering [PDF]

open access: yesJurnal Akuntansi Multiparadigma, 2015
At Initial Public Offering (IPO), underpricing still happened. This is due to asymmetric information between firms and underwriters. This research to analyze accounting factors and non-accounting factors which affect the level of underpricing.
Daniel Sugama Stephanus
doaj  

Do Financial Analysts Penalize Excessive Growth? Evidence From IPOs

open access: yesStrategic Change, EarlyView.
ABSTRACT This paper investigates the impact of growth rates on analyst recommendations for European firms that underwent an IPO between 2015 and 2020. Drawing from signaling theory, which posits that IPO firms emit signals to the market through their growth rates, we explore how growth in employment and sales influences analysts, who play a key role as
Hassan Raza Kazmi, Vivien Lefebvre
wiley   +1 more source

Do anti-takeover provisions restrain IPO underpricing? An analysis from the perspective of information asymmetry

open access: yesChina Accounting and Finance Review
Based on the textual-analyzed data covering 2148 IPO firms in China’s stock market during the 2007–2018 period, the authors’ purpose is to examine the influence of anti-takeover provision (ATP) adoption on initial public offerings (IPO) underpricing and ...
Kejing Chen   +4 more
doaj   +1 more source

The Possibility of Manipulated IPO Underpricing and Post-IPO Stock Return: Empirical Study on Jakarta Stock Exchange 2009-2012

open access: yesIndonesian Capital Market Review, 2014
Ritter and Welch (2002) explain there are two types of IPO firms, namely higher quality firms andlower quality firms. This research propose the third type, namely bad IPO firms which manipulateand force IPO underpricing. Bad IPO firms are subset of lower
Sugeng Purwanto
doaj   +1 more source

Misconduct complaints and agents’ incentives: Evidence from housing transactions

open access: yesReal Estate Economics, EarlyView.
Abstract This article investigates the impact of misconduct complaints against agents on their self‐interested incentives and examines how agents attempt to shield themselves from the associated adverse effects on their reputations and career prospects.
Lawrence Kryzanowski, Yanting Wu
wiley   +1 more source

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