Проблеми сучасних трансформацій. Серія: економіка та управлінняThis 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
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 +2 more
doaj +1 more source
Convertible Bond Underpricing: Renegotiable Covenants, Seasoning and Convergence (Published in "Management Science", Vol. 53, No. 11, November 2007, pp. 1793.1814. ) [PDF]
We investigate the long-standing puzzle on the underpricings of convertible bonds. We hypothesize that the observed underpricing is induced by the possibility that a convertible bond might renegotiate on some of its covenants, e.g., an imbedded put ...
Alex W.H. Chan, Nai-fu Chen
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Studi Empiris Tingkat Underpricing pada Initial Public Offering [PDF]
Jurnal 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
Short-Run Under Pricing and its Characteristics in Chinese IPO Markets [PDF]
We study the short-run performance of the Chinese privatization initial public offerings (PIPOs), using data of 668 new issues on the both Shanghai and Shenzhen Stock Exchanges from 1 January 1996 through 31 December 2000. We find that the average market-
Dr. Carol Padgett, Jing Chi
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The impact of platform corporate venture capital vs. traditional corporate venture capital on internet initial public offering underpricing: Evidence from Chinese-listed internet firms. [PDF]
Front Psychol, 2022 Fu F, Chen S.
europepmc +1 more source
Underpricing, Risk Management, Hot Issue and Crowding out Effects: Evidence from the Australian Resources Sector Initital Public Offerings [PDF]
In this paper, we provide a comprehensive investigation of 260 initial public offerings (IPOs) in the Australian resource sector for the 1994 – 2004 period. Consistent with the existing IPO literature, we document a 16.13% underpricing return by firms in
Hoa Nguyen +2 more
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Jurnal Ilmiah Wahana Akuntansi, 2016 This study aimed to determine the influence of The Influence of return on asset, financial leverage, and size of company on underpricing. Underpricing is measured by division the difference between clossing prices and offering price with offering price ...
Putu Widhiastina , Rida Prihatni
doaj +1 more source
Cross-influence of information and risk effects on the IPO market: exploring risk disclosure with a machine learning approach. [PDF]
Ann Oper Res, 2022 Xia H +4 more
europepmc +1 more source
The Importance of Audit Committees in Initial Public Offerings [PDF]
This paper follows Balvers, McDonald and Miller (1988) and Beatty (1989), who find lower underpricing in initial public offerings (IPOs) when prestigious auditors are used to attest to the IPO's financial statements.
Christopher Kelly, William Dimovski
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