Skewness preference and IPO underpricing: International evidence
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DOI: 10.1016/j.ribaf.2023.102054
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References listed on IDEAS
- Daniel Dorn & Paul Sengmueller, 2009. "Trading as Entertainment?," Management Science, INFORMS, vol. 55(4), pages 591-603, April.
- T. Clifton Green & Byoung-Hyoun Hwang, 2012. "Initial Public Offerings as Lotteries: Skewness Preference and First-Day Returns," Management Science, INFORMS, vol. 58(2), pages 432-444, February.
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- Mitchell A. Petersen, 2005. "Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches," NBER Working Papers 11280, National Bureau of Economic Research, Inc.
- Thomas J Boulton & Scott B Smart & Chad J Zutter, 2010. "IPO underpricing and international corporate governance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 41(2), pages 206-222, February.
- Yong-Ho Cheon & Kuan-Hui Lee, 2018. "Maxing Out Globally: Individualism, Investor Attention, and the Cross Section of Expected Stock Returns," Management Science, INFORMS, vol. 64(12), pages 5807-5831, December.
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Cited by:
- Tang, Siyuan & Luo, Runmei, 2024. "Price deregulation and investors’ IPO speculation: Evidence from Chinese registration system reform," Research in International Business and Finance, Elsevier, vol. 71(C).
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More about this item
Keywords
IPO; Skewness preference; Lottery; Underpricing; International stock markets;All these keywords.
JEL classification:
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets
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