Wadhwa, Kavita; Syamala, Sudhakara Reddy - In: International Journal of Managerial Finance 14 (2018) 4, pp. 414-432
Purpose: The purpose of this paper is to study the reallocation of initial public offering (IPO) shares to retail investors, non-institutional buyers (NIBs) and qualified institutional buyers (QIBs). The authors examine how the reallocation process is related to the pricing decision of the...