IPO pricing: a case of short-sale restrictions and divergent expectations

DOI10.1080/14697688.2010.542172MaRDI QIDQ2873563zbMATH OpenOpenAlexFDO

Authors Richard J. Kish, Nandkumar Nayar, Wenlong Weng

Publication date 24 January 2014

Published in Quantitative Finance (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/14697688.2010.542172

zbMATH Keywords

short sellingbehavioral financeinitial public offeringinefficienciesapplied investment analysisinvestments management

Mathematics Subject Classification ID

Statistical methods; risk measures (91G70) Corporate finance (dividends, real options, etc.) (91G50)

Recommendations

• A note on the pricing of IPOs
• Underpricing and IPO proceeds: a note
• A market microstructure explanation of IPOs underpricing
• Uniform price auctions and fixed price offerings in IPOs: An experimental comparison
• The optimality of uniform pricing in IPOs: an optimal auction approach

Cited in

(6)

• The conventional and informational impacts of monetary policy on the IPO market
• Does short sale restriction lower price efficiency when substitutes exist? Evidence from the Korean market
• Impact of after-market liquidity risk on initial public offering underpricing in order-driven market
• A market microstructure explanation of IPOs underpricing
• Heterogeneous beliefs and optimal ownership in entrepreneurial financing decisions
• Cross-influence of information and risk effects on the IPO market: exploring risk disclosure with a machine learning approach

This page was built for publication: IPO pricing: a case of short-sale restrictions and divergent expectations

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2873563)