Initial Return, Order Imbalance, and Volatility of IPO
碩士 === 國立臺灣大學 === 財務金融學研究所 === 96 === In this paper, we investigate the relationship among initial return, volatility and order imbalances of IPOs. Consistent with theory, the result of GARCH (1,1) model shows that order imbalances also have significant impact on initial return of IPO stocks. Furthe...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2008
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| Online Access: | http://ndltd.ncl.edu.tw/handle/04850787145467767456 |