codes by Member States of the European Union (EU) have affected IPO underpricing on Member State-regulated markets, where … underpricing declined on Member State-regulated markets after Member States adopted corporate governance codes containing SOX …-like provisions. We do not find a similar reduction in IPO underpricing on exchange-regulated markets. Our results are robust to …

underpricing of IPOs has existed, but has significantly decreased over time in our sample. Employing a mixture of distributions …

Purpose: The purpose of this paper is to examine the underpricing of initial public offers (IPOs), which were announced … performance of IPOs during the recent global financial crisis. Methodology: This paper studies the underpricing of 133 IPOs in … underpricing, which is examined in various window periods. Further, industry- and year-wise offers are analyzed and interpreted …

upon lockup expiration. We argue that this was not a coincidence. Underwriters benefited from underpricing vis …

, recent studies prove anomalies in the short-term yields (underpricing) of banking Ipos, which have a lower underpricing than …

Literature suggests that initial public offering (IPO) underpricing is related to information asymmetry, signals … perceptions of market participants regarding these underpricing issues in an emerging market context confirm the international … to information asymmetry and signaling theory in IPO underpricing are confirmed especially by the perceptions of market …

In this paper we analyze IPO underpricing on the Warsaw Stock Exchange between 2003 and 2011. The average initial … NewConnect platform. This observation goes against information asymmetry theories of IPOs underpricing. Also the abnormal initial … return was the highest in case of the latter companies. Four determinants of IPOs underpricing proved to be significant at 0 …

underpricing among countries, we use variance ratios to prove that the empirical evidence in Taiwan and Hong Kong is not …

exhibit underpricing; such studies have also attempted to identify the reasons for this underpricing phenomenon. Utilizing … research and development (R&D) can be important factors that influence IPO underpricing. However, these studies have not … demonstrated how venture capital might function as a moderating force between R&D investment and the underpricing of IPOs. This …