Chen, Gongmeng; Firth, Michael; Kim, Jeong-Bon - In: Review of Quantitative Finance and Accounting 14 (2000) 4, pp. 319-39
In this paper, we investigate the post-issue market performance of initial public offerings (IPOs) in China's new stock markets. Our analysis focuses on whether and how institutional features unique to China differentially affect IPO performance. These features include the existence of...