Title :
Study on the factors influencing Chinese IPO pricing
Author_Institution :
Sch. of Finance, Harbin Univ. of Commerce, Harbin, China
Abstract :
This paper studies each factor which influences IPO pricing in order to make IPO pricing closer to markets, more objective and more reasonable. By analyzing all kinds of factors influencing IPO pricing and applying the multiple linear regression prediction, this paper establishes a rational pricing model of IPO on the stage. With the multiple factor regression equation, this model can quantize the influence on share prices brought by each factor. Finally, by using data analysis method associated with the particular case of China stock markets, the validity of the established model is verified.
Keywords :
market research; pricing; rational functions; regression analysis; stock markets; Chinese IPO pricing; linear regression prediction; rational model; share market; stock markets; Analytical models; Biological system modeling; Companies; Mathematical model; Pricing; Stock markets; new share; price; rational model;
Conference_Titel :
Management Science and Industrial Engineering (MSIE), 2011 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-8383-9
DOI :
10.1109/MSIE.2011.5707555