• DocumentCode
    2089130
  • Title

    The undrepricing of venture backed & non venture backed IPOs in China

  • Author

    Yixun, Liu

  • Author_Institution
    School of Economics and Commence, South China University of Technology, Guangzhou, China
  • fYear
    2010
  • fDate
    4-6 Dec. 2010
  • Firstpage
    805
  • Lastpage
    808
  • Abstract
    IPO underpricing is common and there are lots of evidence and theory for that. In this article, we compare the underpricing of the venture backed and non-venture backed IPOs in China. We discover that the venture backed IPOs in China tend to underprice more than non-venture backed their counterparts; however, the T test is insignificant which is inconsistent with Lee and Wahal´s discovery in US. We are also explore the reason behind
  • Keywords
    Certification; Companies; Contracts; Finance; Industries; Venture capital; IPO; Underpricing; Venture Capital;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Science and Engineering (ICISE), 2010 2nd International Conference on
  • Conference_Location
    Hangzhou, China
  • Print_ISBN
    978-1-4244-7616-9
  • Type

    conf

  • DOI
    10.1109/ICISE.2010.5688845
  • Filename
    5688845
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2089130