Results 51 to 60 of about 35,986 (251)

Rationale behind IPO Underpricing: Evidence from Asian REIT IPOs [PDF]

Real Estate Economics, 2018
AbstractThis article examines the rationale behind IPO underpricing using a sample of REIT IPOs in Asia. Although the IPOs registered an average initial return of 3.08%, the issuers were able to sell the IPO shares above their fundamental values by timing the listings in periods when existing REIT stocks are traded at a premium to their net asset ...
Ooi, Joseph T.L., Mori, Masaki, Wong, Woei Chyuan   +2 more
openaire   +3 more sources

Country-Level Accounting Enforcement and IPO Underpricing

SSRN Electronic Journal, 2022
Using a sample of up to 2,503 initial public offerings (IPOs) in 32 countries from 2011–2017, we predict and find that higher levels of country‐level accounting enforcement are associated with lower levels of IPO underpricing. IPOs in countries with a relatively low accounting enforcement score (second quintile) exhibit a mean underpricing of 19 ...
Bigus, Jochen, Dreyer, Florian
openaire   +2 more sources

Does Investors’ Information‐acquisition Ability Affect IPO Underpricing? Evidence from a Quasi‐natural Experiment

Abacus, EarlyView.
Initial public offering (IPO) underpricing, driven by information asymmetry, is a prevalent and serious global phenomenon. In addition to the influence of information providers such as IPO firms, investors’ ability to acquire information may also significantly affect IPO underpricing.
Haipeng Yu, Xiaoke Cheng, Caiyue Ouyang, Wenxia Ge   +3 more
wiley   +1 more source

The impact of institutions, ownership structure, business angels, venture capital and lead managers on IPO firm underpricing across North Africa [PDF]

, 2014
This paper examines the determinants of IPO underpricing in a unique and comprehensive, sample of 86 IPO firms from across North Africa between 2000 and 2013.
Arthurs, Balboa, Barry, BBC News, Berger, Berle, Boulton, Brennan, Bruce Hearn, Bruton, Bruton, Carter, CDVM, Certo, Claessens, CMF, COSOB, EFSA Website, Filatotchev, Ghysels, Gompers, Hearn, Hearn, Hearn, Hearn, Hoberg, Kaserer, Khanna, Khanna, Kuran, La Porta, Lagoarde-Segot, Leland, Loughran, Mason, Maxwell, Megginson, Ritter, Ritter, Rosen, Smart, Smith, Tinic, Tykova, Webb, Wiseman, World Bank Governance Indicators   +46 more
core   +1 more source

Bank IPOs and Regulations: Cross‐Country Evidence

Financial Review, EarlyView.
ABSTRACT The present paper investigates the effect of banking industry regulations on bank initial public offering (IPO) underpricing. We approach this question from both a micro‐level and macro‐level regulatory perspective. First, we conduct our analysis within a micro framework, focusing on the effect of disclosure rules on IPO underpricing.
Maria‐Eleni K. Agoraki, Dimitrios Gounopoulos, Georgios P. Kouretas   +2 more
wiley   +1 more source

Analisis Pengaruh Reputasi Auditor, Reputasi Underwriter dan Leverage Pada IPO Underpricing (Studi Empiris pada Perusahaan yang Terdaftar di Bursa Efek Indonesia Periode 2010-2015) [PDF]

, 2016
This study aims to examine the relevant Initial Public Offering (IPO) made by the company are influenced by internal factors that consist of auditor reputation, underwriter reputation and leverage, for the dependent variable that IPO underpricing is ...
HAYYU, Farras Idrak El, YUYETTA, Etna Nur Afri   +1 more
core  

Disclosure Benchmarking by Lawyers: Evidence From the IPO Setting

Journal of Business Finance &Accounting, Volume 53, Issue 2, Page 646-680, April 2026.
ABSTRACT Lawyers play an important advisory role in drafting financial reports, yet empirical evidence documenting the influence of external legal counsel on this process remains sparse. This study focuses on a specific aspect of lawyers’ drafting process: the practice of reviewing disclosures previously filed by other issuers—a practice termed ...
Michael Drake, Jeff McMullin, Kenneth Merkley, Chase Potter, John Treu   +4 more
wiley   +1 more source

ANALISIS PENGARUH INFORMASI KEUANGAN PERUSAHAAN DAN NON KEUANGAN PERUSAHAAN TERHADAP TINGKAT UNDERPRICING SAHAM PERDANA DI BURSA EFEK INDONESIA (Studi empiris pada perusahaan yang IPO periode 2018)

Keunis, 2019
Stock underpricing is a situation where the stock price at the time of supply in the primary market lower than when traded in the secondary market. Stock Underpricing is unfavorable phenomenon for companies that go public, because the funds obtained the ...
Ulfa Setyaningsih, Theresia Tyas Listyani, Manarotul Fatati   +2 more
doaj   +1 more source

Determinants of Book Built IPO underpricing – differential issue size and market momentum approach revisited

Cogent Economics & Finance, 2023
Pricing of an Initial public offering (IPO) is a complex phenomenon. Price anomalies are commonly observed in IPO markets, especially in emerging markets.
Suresha B, Surekha Nayak, Krishna T A, Rejoice Thomas   +3 more
doaj   +1 more source

The Lifecycle of Typical IPOs: The Characteristics of Surviving Firms

Accounting &Finance, Volume 66, Issue 1, Page 532-550, March 2026.
ABSTRACT This paper explores the dynamics of firm evolution by analysing the timing and sequencing of a firm's innovation, investment, financing and payout decisions following an IPO. We apply real options theory to analyse our sample that includes all IPOs listed on the NYSE, NYSE MKT and NASDAQ since 1976, categorised into surviving, voluntarily ...
Jennifer Gippel, Martina Linnenluecke, Tom Smith, Yan Xu, Yushu Zhu   +4 more
wiley   +1 more source