China. The findings demonstrate that initial IPO returns influence the market value long-term and that the ownership …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 …

managers is to spend more IPO capitalson business operations to maximise firm value.Originality/value: Market value is taken …) contribute to it.Design/methodology/approach: This study employs comprehensive regression models toexamine IPO significance to … both operating performance and market performance.Findings/results: It suggests that IPO firms retain their growth over the …