A Research on IPO Pricing Efficiency under the Approval System and Registration System

This article examines China’s evolving stock issuance system within its market-oriented economy, particularly focusing on the transition from the approval system to the registration system. The study evaluates the efficiency of Initial Public Offering (IPO) pricing under incomplete games, identifyin...

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Bibliographic Details
Main Authors: Chen Zhelin, Wang Yidan
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2024/08/shsconf_icdde2024_01028.pdf