An empirical analysis of pricing and structure of new issues in Korea and the UK

The main objective of this thesis is to investigate the explanations of the short-run underpricing of initial public offerings in the UK and Korea from the viewpoints of signalling, certification and winner's curse theories. The short-run and long-run performance of initial public offerings (IP...

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Bibliographic Details
Main Author: Lee, Ki - Hwan
Published: University of Manchester 1993
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.629348