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The Effect of Banking Relationships on the Firm's IPO Underpricing

✍ Scribed by CAROLA SCHENONE

Book ID
109176146
Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
268 KB
Volume
59
Category
Article
ISSN
0022-1082

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## Abstract The unique institutions in Taiwan may add to our understanding of the effect of initial public offering (IPO) firm disclosures. Consistent with the notion of market mispricing, most of Taiwan's IPOs were with consecutive up‐limit hits followed by substantial price reversals. In this stu