moderator variable where internationalization was a predictor variable and IPO underpricing, a proxy of IPO performance, was the … underpricing. A non-founder CEO had a moderating effect on the influence of internationalization on IPO underpricing, whereas a … founder CEO revealed no moderating effect. Specifically, internationalization had a negative effect on IPO underpricing once …

data such as WeChat profile pictures, nicknames, and information transparency from the WeChat messages of fund managers and … assess their “neurotic” tendencies. The results show that for single fund managers, IPO discounting is more common among … those who post real photos, real names, and have relatively high personal information transparency, especially managers with …