Chiou, Jeng-Ren; Li, Ming-Yuan Leon; Cheng, Li; Chang, … - In: Chinese Economy 43 (2010) 1, pp. 93-108
This study tries to answer the question: Do changes in pricing and allocation mechanisms significantly affect the Chinese initial public offering (IPO) market? Four separate pricing and allocation mechanisms for the Chinese IPO market, operating from 1995 to 2007, are examined. We find that as...
