The Valuation of Seasoned Equity Offerings with Book-Building Mehod: Pricing Models and Empirical Eviedences

博士 === 國立交通大學 === 經營管理研究所 === 90 === An analytical framework is developed to explain the apparent underpricing of seasoned new equity (SEOs) with book-building method in Taiwan. It is found from practicing data that around 10% discount exists for the new issued shares in Taiwan while there is no di...

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Bibliographic Details
Main Authors: Chi-Tsai Yang, 楊棋材
Other Authors: Tseng-Chuan Tseng
Format: Others
Language:zh-TW
Published: 2002
Online Access:http://ndltd.ncl.edu.tw/handle/21987402756159737604