How does low-carbon city pilot policy catalyze companies toward ESG practices? Evidence from China

G Wan, W Zhang, C Li - Economic Analysis and Policy, 2024 - Elsevier
Abstract The Low-carbon City Pilot Policy (LCPP) represents a pivotal measure for China in
advancing its green and low-carbon transition. Previous literature has extensively discussed …

Decrypting IPO pricing: an integrated bibliometric and content analysis approach

M Joshipura, S Mathur, H Gwalani - Managerial Finance, 2023 - emerald.com
Purpose Since 2018, there has been a resurgence in initial public offering (IPO) pricing
studies. The authors aim to consolidate the knowledge and explore current dynamics …

Narcissistic managers and IPO underpricing

KC Chan, J He, C Li, L Zhang - International Review of Financial Analysis, 2023 - Elsevier
Using hand-collected data on the signature size of managers in Chinese initial public
offerings (IPOs) from 2007 to 2019 as a proxy for managerial narcissism, we examine how …

R&D investment, executive incentive, and financial performance in GEM: based on three-stage least squares method

L Liu, K Lei, H Jin, YP Teng - SAGE Open, 2023 - journals.sagepub.com
China's GEM (Growth Enterprise Market, also named as ChiNext stock market) enterprises
are mainly small and medium-sized enterprises in the start-up stage, which have high-speed …

Information acquisition or just going through the motions? Institutional investors' site visits and green innovation

P Shi, H Wang - Corporate Social Responsibility and …, 2024 - Wiley Online Library
The importance of green innovation in global sustainable development is increasingly
recognized. Literature has documented that enhancing external oversight can improve …

The impacts of regulation regime changes on ChiNext IPOs: Effects of 2013 and 2020 reforms on initial return, fair value and overreaction

Q Deng, L Dai, Z Yang, ZG Zhou, M Hussein… - International Review of …, 2023 - Elsevier
The Chinese version of NASDAQ, ChiNext has gone through three time periods with two
different regulation regimes (approval versus registration) and three sets of listing day …

[HTML][HTML] Deliberate premarket underpricing: New evidence on IPO pricing using machine learning

DP Neghab, R Bradrania, R Elliott - International Review of Economics & …, 2023 - Elsevier
We propose a nonlinear approach based on stochastic frontier and Deep Neural Networks
(DNN) to estimate the pricing efficiency and the level of premarket inefficiencies for IPOs …

Firm location effect on underwriting, subscription, and underpricing: Evidence from IPOs in China

L Liu, S Neupane, L Zhang - Economic Modelling, 2022 - Elsevier
This study examines the effect of a firm's geographic proximity to its monitoring entities for
Chinese IPOs. While prior literature identifies the effect of location on underpricing, we do …

From headlines to IPO: How AI-related media coverage of companies and leadership influences IPO durations

Z He, W Liu, X Shao, Y Xu - Pacific-Basin Finance Journal, 2024 - Elsevier
Complex media environments often intertwine multiple focal actors in media reports and
different characteristics of media coverage. Credibility differences among various media sub …

External governance oversight and the IPO process: Empirical evidence from China

L Liu - Asia-Pacific Financial Markets, 2024 - Springer
This study examines the effects of political affiliations as an external governance element on
various aspects of the IPO procedure in China. Within China, the significance of political …