IPO Price Discovery Efficiency under Alternative Regulatory Constraints: Taiwan, Hong Kong and the U.S.
博士 === 國立中山大學 === 企業管理學系研究所 === 101 === It has been proven by Ljungqvist and Wilhelm (2002) that constraints on underwriters’ allocation discretion reduce price revisions. The dual-tranche of IPO bookbuilding in Taiwan and Hong Kong impose more regulatory constraints limiting underwriters than U.S....
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| Format: | Others |
| Language: | en_US |
| Published: |
2013
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| Online Access: | http://ndltd.ncl.edu.tw/handle/32898977938311271015 |