This paper examines the current status of research on IPOs in general, with special focus on
Asian IPOs. As in the case of US IPOs, most past studies on Asian IPOs deal with the issue …

After firms move trading in their stock to the American or New York Stock Exchanges, stock
returns are generally poor. Although many listing firms issue equity around the time of listing …

An interesting feature of the allocation of initial public offerings (IPOs) is that issuers in many
countries tend to favor small over large investors. This occurs in the UK, Hong Kong …

This paper reviews the current status of IPO research in Asia, especially when it comes to
the issue of the under-pricing phenomenon. This interest stems from the increasing attention …

Underpricing of IPOs has been contemplated as a prevalent phenomenon across the world.
The principal objective of the article is to investigate the difference in the firm and market …

Purpose–The purpose of this paper is to investigate returns of initial public offerings (IPOs)
in an emerging market and differences in the returns of privatized and non‐privatized …

Using Japanese firms that went public during the period 1998–2006, we find that
independent venture capitalist-backed IPO firms are significantly younger and smaller than …

This paper analyzes the abnormal return behavior of 168 firms switching from section 2 to
section 1 of the Tokyo Stock Exchange during 1984–92. Our study distinguishes itself from …

Purpose–This paper aims to identify the relationship between national culture, enterprise
application (EA) implementations and firm value for a sample of the largest and most actively …

本研究以1999 年至2011 年上櫃轉上市成功的企業為研究對象, 檢測上櫃轉上市後五年的長期
績效表現, 並進一步探討影響轉換交易市場後長期績效表現之因素. 研究結果發現公司由上櫃轉 …