An empirical study of the effect of the Chinese institutional feature on IPO underpricing
|dc.identifier.citation||Zhang, J. (2002). An empirical study of the effect of the Chinese institutional feature on IPO underpricing (Thesis). Retrieved from http://hdl.handle.net/10523/1369||en|
|dc.description.abstract||This study fills the gap of current studies by focussing on the effect that the special institutional features of Chinese IPOs have on underpricing. The PE ratio rule has been enforced in both Shenzhen and Shanghai markets during the period of study. The relationship between firm size and IPO underpricing is investigated by employing a Nest and a regression analysis. The results show that there is no significant relationship between firm size and underpricing.||en_NZ|
|dc.title||An empirical study of the effect of the Chinese institutional feature on IPO underpricing||en_NZ|
|thesis.degree.grantor||University of Otago||en_NZ|
|otago.school.eprints||Finance & Quantitative Analysis||en_NZ|
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