Does Underwriter Reputation Promote Fair Pricing Behavior In The IPO Process? Evidence From ChiNext-Listed Firms

Motivated by the observation of three long-existing phenomena in the ChiNext market which are high issuing prices, high price-earnings ratios, and strikingly high capital raised in IPOs this study empirically examines whether underwriters reflect fair attitudes toward, and treatment of, different st...

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Veröffentlicht in:	Journal of applied business research 2014-03, Vol.30 (2), p.615
Hauptverfasser:	Wu, Zuguang, Wan, Difang
Format:	Artikel
Sprache:	eng
Schlagworte:	Asymmetry Business ethics Certification Information sharing Initial public offerings Investment bankers Investment banking Investments Investors Prices Reputations Stock prices Stockholders Studies Underwriting
Online-Zugang:	Volltext
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