In this paper,we study 169 IPO samples after Approval System is brought into effect.On the basis that we compare the degree of IPO underpricing in different underwriters and the underpricing condition between prestigi...In this paper,we study 169 IPO samples after Approval System is brought into effect.On the basis that we compare the degree of IPO underpricing in different underwriters and the underpricing condition between prestigious and non-prestigious underwriters,we go further to make regression analysis of the underwriter prestige and IPO underpricing which they underwrite.Finally we conclude that the offering price marketalization is still very low and the underwriter prestige does system is put into effect.not significantly impact on IPO underpricing after approval system is put into effect.展开更多
IGCP Project 641(Mechanisms,Monitoring and Modeling Earth Fissure generation and Fault activation due to subsurface Fluid exploitation–M3EF3)held its second international workshop from November 2 to 6,2016,in Puerto ...IGCP Project 641(Mechanisms,Monitoring and Modeling Earth Fissure generation and Fault activation due to subsurface Fluid exploitation–M3EF3)held its second international workshop from November 2 to 6,2016,in Puerto Vallarta and included a two-day field trip to Guadalajara and Jocotepec in the Mexican state of Jalisco(Fig.1a).M3EF3 is aimed at i)understanding the mechanisms that cause the formation of“ground ruptures”,as a response to changes in the stress state in the subsoil,ii)monitoring their occurrence,and iii)developing appropriate approaches to model their formation and growth.Notice that many times it is difficult to discern whether a particular instance of a“ruptured”land surface is due to an earth fissure with a surface manifestation or a surface failure associated with the activation of a pre-existing fault,especially where a fault has not been mapped and where there is no obvious scarp.Therefore,in M3EF3 we preferred to use the term“ground rupture”,to refer to both such occurrences.展开更多
文摘In this paper,we study 169 IPO samples after Approval System is brought into effect.On the basis that we compare the degree of IPO underpricing in different underwriters and the underpricing condition between prestigious and non-prestigious underwriters,we go further to make regression analysis of the underwriter prestige and IPO underpricing which they underwrite.Finally we conclude that the offering price marketalization is still very low and the underwriter prestige does system is put into effect.not significantly impact on IPO underpricing after approval system is put into effect.
基金contribution of IGCP project 641 sponsored by UNESCO-IUGS.
文摘IGCP Project 641(Mechanisms,Monitoring and Modeling Earth Fissure generation and Fault activation due to subsurface Fluid exploitation–M3EF3)held its second international workshop from November 2 to 6,2016,in Puerto Vallarta and included a two-day field trip to Guadalajara and Jocotepec in the Mexican state of Jalisco(Fig.1a).M3EF3 is aimed at i)understanding the mechanisms that cause the formation of“ground ruptures”,as a response to changes in the stress state in the subsoil,ii)monitoring their occurrence,and iii)developing appropriate approaches to model their formation and growth.Notice that many times it is difficult to discern whether a particular instance of a“ruptured”land surface is due to an earth fissure with a surface manifestation or a surface failure associated with the activation of a pre-existing fault,especially where a fault has not been mapped and where there is no obvious scarp.Therefore,in M3EF3 we preferred to use the term“ground rupture”,to refer to both such occurrences.
