firm commitment also prove important. Underpricing also proves smaller in larger IPO firms. …

of underpricing in developing IPO markets. The consequences of involving prestigious lawyers in underpricing IPO … first empirical investigation on the role of reputable law firms in the underpricing of IPO firms in developing IPO markets …. It expands on Moran and Pandes' (2019) work, which was previously focused on the US IPO market. We analyze a large …

Financial economists have intensely studied IPO underpricing using data from approximately the past four decades. This … paper investigates IPO underpricing during the period 1922-1929 (1920s) using hand-collected data on first-day returns … document that under several common measures, IPO stocks were more liquid post-offering than in later periods, providing further …

This paper examines the impact of economic policy uncertainty on initial public offering (IPO) underpricing, using a … large sample of IPO firms in China. We find that heightened economic policy uncertainty leads to increasing IPO underpricing … relationship between economic policy uncertainty and IPO underpricing is stronger for small firms, firms with less analyst …

We study the effect of mutual fund allocation on China’s IPO market under the new registration system. The introduction … of mutual fund bids significantly increases IPO offer price, resulting in a low initial short-term return and suppressed … IPO underpricing. Those newly listed stocks witness lower volatility in the following weeks due to preferential allocation …

causes. Our study examined the phenomenon of IPO underpricing for companies from the game sector in Poland from 2016 to 2020 … financial hub for game companies. Analyzing the whole IPO market in Poland, we however found substantial IPO underpricing, which … issuer's industry may influence the size of the IPO's first-day return. We also noticed that the way the IPO was carried out …

IPO underpricing, which serves as a compensation to the initial bond investors. We construct four proxies for the conflict …, and the loan remaining maturity. Our empirical tests show that all four variables are positively related to bond IPO …