Alcino Azevedo
Initial public offerings in China: Underpricing, statistics and developing literature
Azevedo, Alcino; Guney, Yilmaz; Leng, Jingsi
Authors
Yilmaz Guney
Jingsi Leng
Abstract
We review more than two decades of literature on initial public offerings (IPOs) in China, discussing the research hypotheses that have been studied as well as the main findings. We summarize past and current developments in the literature and highlight the research problems which have not yet been adequately resolved. We provide updated information on the popularity of IPOs and allocation mechanisms over the last 25 years as well as on the underpricing that is associated with the usage of each IPO allocation mechanism. We also suggest new avenues for future research, based on the identified gaps in the extant literature.
Citation
Azevedo, A., Guney, Y., & Leng, J. (2018). Initial public offerings in China: Underpricing, statistics and developing literature. Research in international business and finance, 46, 387-398. https://doi.org/10.1016/j.ribaf.2018.04.011
Journal Article Type | Review |
---|---|
Acceptance Date | Apr 24, 2018 |
Online Publication Date | Apr 30, 2018 |
Publication Date | Dec 1, 2018 |
Deposit Date | Apr 30, 2018 |
Publicly Available Date | Oct 31, 2019 |
Journal | Research in International Business and Finance |
Print ISSN | 0275-5319 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 46 |
Pages | 387-398 |
DOI | https://doi.org/10.1016/j.ribaf.2018.04.011 |
Keywords | Business, Management and Accounting (miscellaneous); Finance |
Public URL | https://hull-repository.worktribe.com/output/809084 |
Publisher URL | https://www.sciencedirect.com/science/article/pii/S0275531917306773 |
Contract Date | Apr 30, 2018 |
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Copyright Statement
© 2019. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
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