Essays about: "IPOs underpricing"

Showing result 1 - 5 of 19 essays containing the words IPOs underpricing.

  1. 1. The influence of numerical superstition on IPO underpricing in the People’s Republic of China

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : E.V.A. Dieben; [2016]
    Keywords : IPO underpricing; A-share market; Numerical superstition; China;

    Abstract : In Chinese culture, certain digits are considered lucky and others unlucky. This thesis evaluates how numerical superstition affects financial decision-making in the Chinese A-share IPO market for the period between 2003-2015. READ MORE

  2. 2. Underpricing in Swedish IPOs : An investigation of the current situation and possible causes

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan; Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Anders Ramsin; Kristoffer Göthner; [2015]
    Keywords : IPO; Underpricing;

    Abstract : Using a unique dataset of 41 IPOs from 2005 to 2015, we investigate the underpricing situation in the NASDAQ OMX Stockholm stock exchange. Our findings show a mean underpricing of 4.9% for the period, with values ranging from -20% to 28.3%. READ MORE

  3. 3. Underpricing and Long-Run IPO Performance in Italy, Sweden and United Kingdom: a comparative study from 2006 to 2013

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Davide Ramazzina; [2014]
    Keywords : Underpricing; IPO Long-Run Underperformance; Fama-French three-factor model;

    Abstract : In my thesis, I study two IPO anomalies, the underpricing and the long-run underperformance of new listings, from 2006 to 2013, on two peripheral (Sweden and Italy) and on the main European financial market (UK). I also examine the sector specific performances within each market to identify whether some particular industry performed better in one particular market rather than in others. READ MORE

  4. 4. Water or Oil in the Fire? : Impact of Diversification on the Underpricing Phenomenon in IPOs & SEOs

    University essay from Södertörns högskola/Institutionen för samhällsvetenskaper; Södertörns högskola/Institutionen för samhällsvetenskaper

    Author : Jan Zemke; Nikolay Kumbarov; [2014]
    Keywords : IPO; SEO; Industrial Diversification; Underpricing;

    Abstract : Background: Acquiring capital is one of the most fundamental necessities for an enterprise. The discussed ways of doing so by this thesis, are the so called Initial Public Offerings (IPOs) and Seasoned Equity Offerings (SEOs). READ MORE

  5. 5. The Degree of Underpricing in the Swedish Market : An analysis of the most relevant factors influencing IPO underpricing between main and secondary markets

    University essay from Umeå universitet/Företagsekonomi; Umeå universitet/Företagsekonomi

    Author : Xiaofan Hu; Lars Andreas Sundberg; [2014]
    Keywords : IPO; Sweden; Underprice;

    Abstract : Underwriters evaluate the optimum price of IPO issued shares and conduct underpricing based on a higher degree of risk and information asymmetry. These are calculated under a series of determined risk proxies that adjust the most suitable offering and opening price of IPOs in both main and second tier markets. READ MORE