JER, 第 6-7 卷Hanyang Economic Research Institute in collaboration with Hanyang University College of Business and Economics, 2001 |
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第 122 頁
average initial return of more than 10 percent on the first day of trading as compared to the offering price3 . This ... initial stock price performance of 11.4 percent during the period 1960-69 . Ritter ( 1984 ) found an average initial ...
average initial return of more than 10 percent on the first day of trading as compared to the offering price3 . This ... initial stock price performance of 11.4 percent during the period 1960-69 . Ritter ( 1984 ) found an average initial ...
第 124 頁
... initial returns than typical IPOs . Schipper and Smith ( 1986 ) found a statistically insignificant average initial return of 1.7 percent for 40 carved - out IPOs . They calculated the returns using the offering price and the closing ...
... initial returns than typical IPOs . Schipper and Smith ( 1986 ) found a statistically insignificant average initial return of 1.7 percent for 40 carved - out IPOs . They calculated the returns using the offering price and the closing ...
第 147 頁
... initial public offerings of common stock , " Financial Management 22 , 54-63 , 1993 . Beatty , Randolph P. and Jay R. Ritter , " Investment banking , reputa- tion , and the underpricing of initial public offerings , " Journal of ...
... initial public offerings of common stock , " Financial Management 22 , 54-63 , 1993 . Beatty , Randolph P. and Jay R. Ritter , " Investment banking , reputa- tion , and the underpricing of initial public offerings , " Journal of ...
內容
Shahidur Rahman Sandly Sian Li Ngiang Serina | 29 |
in collaboration with Hanyang Economic Research Institute | 131 |
J4351 | |
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aggregate risk sharing Alog(c analysis assets assume bt+1 capital controls capital stock carved-out IPOs coefficient compliance constraint consumption denotes devaluation Doosan eco-label Economic Research effect efficiency wage elasticity empirical endowment enforcement environmental investments Equation equilibrium estimated exchange rate expected Əzi firms forecasts forward rate process Hanyang University households human capital increase input inspections interest rate IPOs Journal of Economic knowledge capital Korea Korea University labor income measure Monopolistic competition negative number of paddocks optimal order conditions output p-value paper parameters percent period plant prediction intervals problem Pt+1 R&D spillover rangeland rate of return regions and industries regression regulator regulatory risk aversion risk sharing sample Seoul National University shocks short duration grazing significant social rate solution speculative bubble Statistics steady Table tax rates tion trading day underpricing underwriters unemployment rate variables zero