Chen, Kejing; Li, Xiaolin; Wan, Qingqing; Ye, Jing; Yang, Mo - In: China Accounting and Finance Review 26 (2024) 1, pp. 55-75
Purpose Based on the textual-analyzed data covering 2148 IPO firms in China's stock market during the 2007-2018 period, the authors' purpose is to examine the influence of anti-takeover provision (ATP) adoption on initial public offerings (IPO) underpricing and identify the reducing effect of...