Narrow search
Showing 1 - 10 of 3,236
Cover Image
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 …
Persistent link: https://www.econbiz.de/10012426822
Cover Image
The equilibrium prices of auction IPO securities : empirical evidence
Petkevich, Alex; Samdani, Taufique - In: Journal of financial markets 57 (2022), pp. 1-18
Persistent link: https://www.econbiz.de/10013188752
Cover Image
Towards an optimal IPO mechanism
Huibers, Fred E. - In: Journal of risk and financial management : JRFM 13 (2020) 6/115, pp. 1-14
Concerns about the negative consequences of the excessive underpricing of the current arrangement in the initial public … discovery and the cost of underpricing. The main aim of this paper was to gain new scientific knowledge about this trade-off by … investors to reliably contribute to price discovery. The resulting underpricing (and its variability) of these auctions is …
Persistent link: https://www.econbiz.de/10012305138
Cover Image
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
Cover Image
Dutch auction or Ducht uncle? : a case study of the NetSuite IPO
Adams, Michael; Baker, Russell; Thornton, Barry - In: Journal of business case studies 4 (2008) 11, pp. 17-26
Persistent link: https://www.econbiz.de/10003790052
Cover Image
Why do IPO auctions fail?
Jagannathan, Ravi; Sherman, Ann E. - 2006
Persistent link: https://www.econbiz.de/10003309726
Cover Image
Effect of book building and auctions on the exit choice between IPO and acquisition
Chinchwadkar, Rohan; Seth, Rama - In: Theoretical economics letters 5 (2015) 4, pp. 458-468
Persistent link: https://www.econbiz.de/10011439291
Cover Image
The impacts of Japanese price-competitive IPO auctions versus the US underwriter-priced IPOs
Pettway, Richard H. - In: The Japanese finance : corporate finance and capital …, (pp. 35-56). 2003
Persistent link: https://www.econbiz.de/10002947569
Cover Image
IPO mechanisms: a comparison of book-building, discriminatory price auctions and uniform price auctions
Beierlein, Jaclyn; Katō, Hideaki - In: The Japanese finance : corporate finance and capital …, (pp. 135-152). 2003
Persistent link: https://www.econbiz.de/10002947584
Cover Image
Is There Information Production in Auctioned IPOs with Uniform Price?
Liu, Bo - 2019
Using a large proprietary IPO bidding dataset from China, we examine whether there is information production in auctioned IPOs in which uniform price applies and the underwriter has no allocation discretion. Our IPO-level and IPO-bidder-level analyses suggest that institutions bid in IPO...
Persistent link: https://www.econbiz.de/10012893827