Why Has IPO Underpricing Changed Over Time?

碩士 === 輔仁大學 === 金融研究所 === 93 === This paper took the initial public offerings (IPOs) cases of Taiwan from 1991 to 2003 as sample to examine the reason causing the decline of initial returns of IPOs. Results showed that the underwriting reform in 1994-1995 can prevent the decline of initial returns o...

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Bibliographic Details
Main Authors: Chen Hsiang Yin, 陳香吟
Other Authors: Yin-Hua Yeh
Format: Others
Language:zh-TW
Published: 2005
Online Access:http://ndltd.ncl.edu.tw/handle/17164638324152681728