Yen, Gi-li; Chen, Ching-lung - In: Applied financial economics 19 (2009) 7/9, pp. 669-680
The present study examines the introduction of partial auction on speed of price adjustment in the Initial Public Offering's (IPO) aftermarket in Taiwan. From a paired comparison between before/after introducing partial auction sub-samples of the IPO firms, as expected, it is found that the...
