The Research of the IPO Underpricing in China Growth Enterprise Market

摘要：

The paper mainly discusses the IPO underpricing of common stock in China growth enterprise market.IPO underpricing refers to the phenomenon that the pricing of new shares is lower than secondary market. This study explains the diversity and complexity of factors which cause the phenomenon of the IPO underpricing.Studies show when pricing new share, we are prior to considering indicators of corporate earning targets and indicators of firm size, however, in the secondary market, they are indicators of profit targets.

作者: Baosen Wang Youzhi Zeng Can Su

作者单位: School of Economics of Beijing Wuzi University Beijing China Graduate School of Beijing Wuzi University Beijing China

会议类型: 国际会议

会议名称: International Conference on Management and Service Science(2011年第五届管理与服务科学国际会议 MASS 2011)

会议地点: 武汉

会议语种:英文

页码: 1-4

在线出版日期: 2011-08-12（万方平台首次上网日期，不代表论文的发表时间）