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further explains the cause of the high IPO underpricing long-standing in China. … underpricing. How to develop scientific and reasonable IPO pricing, and reduce the high IPO underpricing has become a major … challenge for China's securities market. Methods: In this paper, using behavioral finance theory and game theory, we build the …
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insight into how this market event occurs. The study aims at establishing if initial public offer underpricing exists in the …
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The academic literature on IPOs short run performance grown quite rapidly over the last decade, due to its puzzling phenomena of under pricing. The current study aims at conducting a non-systematic review of literature on the theories and empirical evidences of initial public offering (IPO)...
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