IEEE - Institute of Electrical and Electronics Engineers, Inc. - Positive feedback traders, the offer price constraint and IPO pricing

2009 6th International Conference on Service Systems and Service Management (ICSSSM)

Author(s): Long Wu ; Xinping Xia
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 June 2009
Conference Location: Xiamen, China, China
Conference Date: 8 June 2009
Page(s): 546 - 551
ISBN (CD): 978-1-4244-3662-0
ISBN (Paper): 978-1-4244-3661-3
DOI: 10.1109/ICSSSM.2009.5174944
Regular:

Traditional IPO (Initial public offering) underpricing theory is doubt by some empirical findings of IPO overpricing, and cannot explain well why there is the offer price-earning ratio constraint... View More

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