Börner, Christoph J.; Pezus, Phil - In: Credit and Capital Markets – Kredit und Kapital 48 (2015) 2, pp. 309-342
In this article, we analyze initial public offerings on the Shanghai Stock Exchange (SSE) from 2001 to 2011 to investigate underpricing and long-term performance in the Chinese IPO market. Multi-linear OLS regressions are applied to 332 IPOs of A-shares for which the necessary data were...