徐州工程学院学报：社会科学版2012，Vol.27Issue(5)：36-40,5.
我国IPO抑价影响因素分析——基于创业板的市场数据
An Analysis of the Factors Influencing IPO Underpricing in China ——Based on the GEM Market Data
赵莉莉1
作者信息
- 1. 徐供集体资产运营中心财会部,江苏 徐州 221000
- 折叠
摘要
Abstract
IPO underpricing is a focus of the research of the capital market as well as a mystery. Based on the empirical research on China＇s growth enterprise market, the paper finds out that investor sentiment plays an obvious role in affecting China＇s GEM IPO underpricing, and the second influential factor comes to the information asymmetry~ whereas the influence of the underwriter＇s reputation and signal theory is not significant. Based on an indepth analysis of China＇s securities market, this paper proposes a series of sug gestions concerning the perfection of securities market, highlighting the underwriter＇s sponsor responsibili ty, strengthening the supervision of the issuers, and raising investors＂ awareness of risk.关键词
IPO抑价/创业板/证券市场Key words
IPO underpricing/GEM/securities market分类
管理科学引用本文复制引用
赵莉莉..我国IPO抑价影响因素分析——基于创业板的市场数据[J].徐州工程学院学报：社会科学版,2012,27(5):36-40,5.
