Search Results - subject:"bookbuilding"

Auctions versus bookbuilding : the effects of IPO regulation in Japan

Lehmann, Timo; Weber, Matthias - In: The financial review : the official publication of the … 58 (2023) 1, pp. 117-141

Persistent link: https://www.econbiz.de/10014305730

Does the pricing mechanism affect the IPO flipping activity in Pakistan?

Ayesha Anwar; Rasidah Mohd-Rashid - In: Journal of Asian finance, economics and business : JAFEB 8 (2021) 1, pp. 237-246

Persistent link: https://www.econbiz.de/10012692313

IPO underpricing and aftermarket price accuracy : auctions vs. bookbuilding in Japan

Lehmann, Timo; Weber, Matthias - 2021

-discriminatory auctions to bookbuilding. We find that bookbuilding leads to significantly higher underpricing than hybrid price …-discriminatory auctions. Further, we find evidence that price accuracy tends to be higher for auctions than for bookbuilding. The results hold … regulation. The results suggest that the interests of issuers and underwriters are not aligned. The popularity of bookbuilding …

Persistent link: https://www.econbiz.de/10012426822

Friends can help : the effects of relationship in the Chinese book-building process

Luo, Ting; Luo, Wei; Yue, Heng; Zhang, Lu - In: Journal of accounting and public policy 42 (2023) 3, pp. 1-24

Persistent link: https://www.econbiz.de/10014323186

Valuation and underpricing of Turkish IPOs

Tutuncu, Lokman - In: Journal of business economics and management 21 (2020) 1, pp. 157-179

This study utilizes prospectuses and supplementary valuation reports to investigate the relationship between underwriters' valuation and underpricing in 113 firms going public on Borsa Istanbul. It argues that underwriter discretion in the valuation is crucial to underpricing in the Turkish...

Persistent link: https://www.econbiz.de/10012176195

Pricing and performance of IPOs: Evidence from Indian stock market

Hawaldar, Iqbal Thonse; Kumar, K.R. Naveen; … - In: Cogent Economics & Finance 6 (2018) 1, pp. 1-20

This study examines listing day performance of IPOs, book-built and fixed-price IPOs, post-listing aftermarket performance of IPOs, book-built and fixed-price IPOs in the Indian stock market. We examine pricing as well as long run performance of 464 (365 book-built IPOs and 99 fixed-price IPOs)...

Persistent link: https://www.econbiz.de/10011988821