Initial public offerings in China Underpricing, statistics and developing literature.pdf (571.43 kB)

Initial public offerings in China: underpricing, statistics and developing literature

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journal contribution
posted on 03.08.2020, 08:33 by Alcino Azevedo, Yilmaz Guney, Jingsi Leng
We review more than two decades of literature on initial public offerings (IPOs) in China, discussing the research hypotheses that have been studied as well as the main findings. We summarize past and current developments in the literature and highlight the research problems which have not yet been adequately resolved. We provide updated information on the popularity of IPOs and allocation mechanisms over the last 25 years as well as on the underpricing that is associated with the usage of each IPO allocation mechanism. We also suggest new avenues for future research, based on the identified gaps in the extant literature.

History

School

  • Business and Economics

Department

  • Business

Published in

Research in International Business and Finance

Volume

46

Pages

387 - 398

Publisher

Elsevier BV

Version

AM (Accepted Manuscript)

Rights holder

© Elsevier B.V.

Publisher statement

This paper was accepted for publication in the journal Research in International Business and Finance and the definitive published version is available at https://doi.org/10.1016/j.ribaf.2018.04.011.

Acceptance date

24/04/2018

Publication date

2018-04-30

Copyright date

2018

ISSN

0275-5319

Language

en

Depositor

Dr Jingsi Leng Leng. Deposit date: 31 July 2020

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