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IPO underpricing in a simultaneous equations model of supply and demand: Evidence from a market of retailers


  • Ahmed S Alanazi
  • Benjamin Liu


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  • Ahmed S Alanazi & Benjamin Liu, 2013. "IPO underpricing in a simultaneous equations model of supply and demand: Evidence from a market of retailers," Discussion Papers in Finance finance:201303, Griffith University, Department of Accounting, Finance and Economics.
  • Handle: RePEc:gri:fpaper:finance:201303

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    Cited by:

    1. Norliza Che-Yahya & Ruzita Abdul-Rahim, 2015. "Role of Lockup Provision and Institutional Investors in Restricting IPO Flipping Activity: Is There A Moderating Effect of Investor Demand?," Asian Academy of Management Journal of Accounting and Finance (AAMJAF), Penerbit Universiti Sains Malaysia, vol. 11(2), pages 1-28.

    More about this item


    Initial public offerings; supply and demand; underpricing; allocation;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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