The phenomenon of initial public offering (IPO) underpricing has been extensively researched in the literature, however …, the underpricing of family firms has received little attention. This is even more prevalent when it comes to underpricing … of family firms in an emerging market such as the Saudi Arabian market. This study explores the IPO underpricing …

first time to general public, is known as initial public offering (IPO). The underpricing phenomenon and ownership structure … structor and initial underpricing for both group of IPOs. Methods: Event study methodology is used to compares short- and long … for investigating the relationship betwen underpricing and ownership structure for both group of IPOs. Results: We find …

The larger underpricing (15 percent) in the early years following the inauguration of Borsa Istanbul indicates the … markets. The underpricing in recent years (from 2010 to 2020) averages 5 percent. Micro-level uncertainties about the firm as … evidenced by the smaller underpricing in IPOs marketed using fixed offer prices, and the IPOs where underwriters signed on for …

the impact of cultural values and the moderating effect of economic growth on IPO underpricing issued by Chinese companies … underpricing; in markets with higher uncertainty avoidance scores, masculinity, individualism, or indulgence, IPOs experience lower … underpricing. The greater the multidimensional cultural distance is to the Chinese A-share market, the less underpricing IPOs …