Chen, Chao; Shi, Haina; Xu, Haoping - In: Journal of Banking & Finance 46 (2014) C, pp. 177-189
sample of underwriters in China’s IPO market during 2004–2012, we find the following results. First, underwriting quality is … in the SOE (NSOE) IPO market. Third, central government ownership of underwriters is a significant determinant of market …