The impact of governmental intervention on the association between initial public offering and future stock issuance

The impact of governmental intervention on the association between initial public offering and future stock issuance

We examine the effect of initial public offering (IPO) characteristics on seasoned equity offering (SEO) decisions in relation to governmental intervention in China. Our results confirm the process of underpriced IPOs in promoting earlier and larger SEOs in the Chinese context. The study examines th...

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Bibliographic Details
Main Authors: Dimitrios Gounopoulos, Yilmaz Guney, Jingsi Leng, Victoria Patsika
Format: Default Article
Published: 2020
Subjects:
Initial public offerings
Seasoned equity offerings
State-owned enterprises
Governmental intervention
Political connections
China
Online Access:https://hdl.handle.net/2134/12745043.v1
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https://hdl.handle.net/2134/12745043.v1

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