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Determinants of IPO´s Underpricing: A Systematic Review

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  • Carlos Henrique Firmino de Oliveira
  • Claudia Lebre Rodrigues
  • Michele Nascimento Jucá

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  • Carlos Henrique Firmino de Oliveira & Claudia Lebre Rodrigues & Michele Nascimento Jucá, 2023. "Determinants of IPO´s Underpricing: A Systematic Review," Contemporary Economics, Vizja University, vol. 17(3), September.
    • Handle: RePEc:wyz:journl:id:718
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    References listed on IDEAS

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    1. Chung, Kee H & Cox, Raymond A K, 1990. "Patterns of Productivity in the Finance Literature: A Study of the Bibliometric Distributions," Journal of Finance, American Finance Association, vol. 45(1), pages 301-309, March.
    2. repec:bla:jfinan:v:59:y:2004:i:5:p:2403-2420 is not listed on IDEAS
    3. Rathnayake, Dilesha Nawadali & Louembé, Pierre Axel & Kassi, Diby François & Sun, Gang & Ning, Ding, 2019. "Are IPOs underpriced or overpriced? Evidence from an emerging market," Research in International Business and Finance, Elsevier, vol. 50(C), pages 171-190.
    4. Roosenboom, Peter, 2012. "Valuing and pricing IPOs," Journal of Banking & Finance, Elsevier, vol. 36(6), pages 1653-1664.
    5. Aggarwal, Rajesh K. & Krigman, Laurie & Womack, Kent L., 2002. "Strategic IPO underpricing, information momentum, and lockup expiration selling," Journal of Financial Economics, Elsevier, vol. 66(1), pages 105-137, October.
    6. Wang, Xin & Song, Di, 2021. "Does local corruption affect IPO underpricing? Evidence from China," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 127-138.
    7. Habib, Michel A & Ljungqvist, Alexander P, 2001. "Underpricing and Entrepreneurial Wealth Losses in IPOs: Theory and Evidence," The Review of Financial Studies, Society for Financial Studies, vol. 14(2), pages 433-458.
    8. Li, Xiaorong & Wang, Steven Shuye & Wang, Xue, 2019. "Trust and IPO underpricing," Journal of Corporate Finance, Elsevier, vol. 56(C), pages 224-248.
    9. Rock, Kevin, 1986. "Why new issues are underpriced," Journal of Financial Economics, Elsevier, vol. 15(1-2), pages 187-212.
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