This is an empirical study that examines the underpricing and aftermarket long-term performance of IPOs in China and … IPO underpricing. Corporate governance aspects that may play a role in IPOs, such as ownership structure and external …

-level IPO underpricing between 2008 and 2018. Examining 7,446 IPOs issued in 36 countries, we find that IPO underpricing tends … governance pillars, we find that underpricing tends to be lower in countries with stronger risk management practices in each of … these areas. Additional analysis indicates that the negative impact of ESG ratings on IPO underpricing is more pronounced in …

Purpose: We investigate the impact of board diversity on initial public offering underpricing and firm value. Design …/methodology/approach: We examine the relationship between board diversity and IPO underpricing by collecting data on the board size and …-day return (35.24%), similar to the results of previous studies on IPO underpricing, but the underpricing decreases with an …