Cheng, Peng - In: Cogent Economics & Finance 3 (2015) 1, pp. 1-11
This research examines the long-run Initial Public Offerings (IPO) stock performance of a large Chinese sample, and in …-run IPO stock performance. In general, Chinese IPOs do not underperform the market/industry benchmarks, but they significantly … signaling hypothesis, Chinese IPO firms exhibit increased operating/stock performance subsequent to bonus issues. Interestingly …