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基于所有权分散理论的IPO抑价现象实证分析

IPO Underpricing Empirical Analysis Based on Ownership Dispersion
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摘要 IPO抑价一直都是金融界研究的焦点问题。但至今IPO抑价现象的成因仍未形成统一的认识。本文选取了2009年1月1日到2010年3月19日期间在深圳成功的IPO的35家公司中的119只股票进行了分析。结果发现:所有权越分散,抑价率就越低,二者呈负相关。 IPO underpricing has been the focus of financial research.But the causes of the IPO underpricing phenomenon haven't formed a unified understanding.The paper selected the 35 stocks of 119 companies to analyze which were successful IPO from 2009 January 1st to March 2010 and 19th in Shenzhen.The results showed that: the more the ownership dispersed,the lower the underpricing,the two were negatively correlated.
作者 陈莉
机构地区 安徽大学商学院
出处 《科技和产业》 2012年第1期105-107,共3页 Science Technology and Industry
关键词 IPO 抑价 所有权分散 IPO underpricing ownership dispersion
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