Cross sectional determinants of IPO underpricing in China.

Using a dataset of 859 Initial Public Offerings (IPOs) for the period of 1995 to 2011, we empirically examine the determinants of IPO underpricing in China. We document that the amount of capital raised, the proportion of major ownership, and P/E ratio are negatively associated with the level of und...

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Bibliographic Details
Main Authors: Toh, Daniel Ming Yuan., Loi, Jeremy Meng Hui., Chia, Kenneth Zhong Da.
Other Authors: Chang Xin
Format: Final Year Project (FYP)
Language:English
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/10356/43977