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Value Gains on Flotation and IPO Underpricing

✍ Scribed by Paula Hill; Nicholas Wilson

Book ID
111105808
Publisher
John Wiley and Sons
Year
2006
Tongue
English
Weight
222 KB
Volume
33
Category
Article
ISSN
0306-686X

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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