摘要
IPO抑价问题普遍存在于全球新股发行市场,到目前为止,IPO抑价仍然是困扰金融学界的难题,国内外许多学者从不同的理论和实证角度对这一现象进行了解释.着重考虑了中国股票市场的制度约束,试图对中国IPO抑价问题做出分析和判断,并指出中国在当前条件下应如何降低IPO抑价率.
The problem of IPO under-pricing exists in global new stock markets universally. So far it still was a puzzle of the kingdom of finance. Many native and foreign scholars have started from many different theories and positive methods to explain this phenomenon. The article pays more attentions to the system confines of Chinese stock market, tries to find the reasons of the problem, and on this condition propound suggestions to decrease IPO under-pricing rate.
出处
《哈尔滨理工大学学报》
CAS
2006年第1期56-59,共4页
Journal of Harbin University of Science and Technology
关键词
IPO抑价
抑价率
信息不对称
影响因素
IPO under-pricing
under-pricing rate
information asymmetric
influence factors
