The impact of the costs of subscription on measured IPO returns: The case of Asia

Journal of Corporate Finance

Volumn 10, Issue 3, 2004, Pages 459-465

  Fung, Joseph K W ^a   Cheng, Louis T W ^b,c   Chan, Kam C ^d  

^a HONG KONG BAPTIST UNIVERSITY   (Hong Kong)

^b HONG KONG POLYTECHNIC UNIVERSITY   (Hong Kong)

^c UNIVERSITY OF EXETER   (United Kingdom)

^d WESTERN KENTUCKY UNIVERSITY   (United States)

Author keywords

Asian IPOs; Initial public offerings; Non discretionary allocation

Indexed keywords

EID: 1642270173     PISSN: 09291199     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jcorpfin.2003.08.002     Document Type: Article

References (4)

1. Chowdhry B. Sherman A. International differences in oversubscription and underpricing of IPOs Journal of Corporate Finance 2 1996 359-381
2. Ljungqvist A.P. Wilhelm W.J. Jr. IPO allocations: discriminatory or discretionary Journal of Financial Economics 65 2002 167-201
3. Loughran T. Ritter J.R. Rydqvist K. Initial public offerings: international insights Pacific-Basin Finance Journal 2 1994 165-199
4. McGuiness P. An examination of the underpricing of initial public offerings in Hong Kong: 1980-1990 Journal of Business Finance and Accounting 19 1992 165-186