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    Allocation of reserved shares in IPO and their post-IPO performance. by Chong, Raymond Yen Sin., Shen, Heman Weiping., Tang, Lijun.

    Published 2011
    “…This paper presents and investigates three distinct proposals for the underlying rationales of the allocation of reserved shares, based on 1964 IPOs in the US spanning the years 1997 to 2009, tracking their underpricing, demand and post-IPO performance. …”
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    Final Year Project (FYP)
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