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The development of Financial Technology (FinTech) in areas such as mobile Internet, cloud computing, big data, search engines, and blockchain technology have significantly changed the financial industry. FinTech is expected to overturn the traditional banking business model, forcing banks to...
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The timing and pricing are the key factors for initial public offerings (IPOs). Applying the real options and game theory, this paper examines the timing and pricing for IPOs. From a financial viewpoint, the motivation for an IPO can be divided into three categories: financing, investing, and...
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