IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789812795625_0006.html
   My bibliography  Save this book chapter

The Underpricing of Initial Public Offerings

In: Chinese Stock Markets A Research Handbook

Author

Listed:
  • Dongweí Su

    (Department of Finance, Ji Nan University, China)

Abstract

The following sections are included:IntroductionThe New-issue and Offering ProcessThe Role of Financial Variables in the Pricing of IPOsThe Chinese DataA Benchmark RegressionThe Adverse-Selection ModelsThe Signaling ModelsEmpirical Implications from the Signaling ModelsCorrelation Between IPO Returns and IPO ProceedsCorrelations Among IPO Underpricing and Issuer's Intrinsic Value, Fractional Ownership and Project VarianceIPO Underpricing and SEOsBribery and Lottery Hypotheses of IPO UnderpricingBribery Hypothesis: Underpricing of Chinese IPOs are Gifts to Public Officials or Favored PurchasersLottery Hypothesis: Lottery Mechanism in Share Allocation Contributes to High IPO UnderpricingUnderpricing of Foreign-Share IPOsLong-run Performance of IPOsSummary

Suggested Citation

  • Dongweí Su, 2003. "The Underpricing of Initial Public Offerings," World Scientific Book Chapters, in: Chinese Stock Markets A Research Handbook, chapter 6, pages 215-265, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789812795625_0006
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789812795625_0006
    Download Restriction: Ebook Access is available upon purchase.

    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789812795625_0006
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789812795625_0006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.