The pricing and performance of IPOs in China’s poor counties
In the context of China’s drive to alleviate poverty, we focus on the initial public offering (IPO) firms located in China’s poor counties and investigate their IPO pricing and post-IPO performance. Contrary to the findings reported for the U.S., we find that the problem of information asymmetry bet...
Main Authors: | Chao Yan, Jiaxin Wang |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2021-12-01
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Series: | China Journal of Accounting Research |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S1755309121000472 |
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