Please use this identifier to cite or link to this item:
https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/8373
Title: | Regulatory Framework and Research: A Review of IPO Research Conducted in the U.S., China, and India |
Authors: | Neeta Jain |
Issue Date: | 2013 |
Publisher: | Indian Journal of Finance |
Abstract: | Although the area of research is the same, i.e. IPO underpricing, however, there are many apparent differences between the methods of research, focus of the research , amount of the research, and the findings of the research across countries and time periods. These differences become wide if compared between the U.S., China, and India. In the U.S., the focus of IPO research has been on the role of the underwriters and discretionary power of share allocation. While in China, the focus is on the effect of frequently changed regulatory framework on IPO underpricing. In India, it can be seen that most of the studies are based on the publicly available information, considering IPO firm's and the issue's characteristics as the main study variables. The present study aims to review the literature of IPOs in the U.S., China, and India. The major differences in the methods of pricing and other related regulations should be the major concerns while applying the IPO market models across countries. The present review study covers the time period from 1970s to 2012. |
URI: | http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/8373 |
Appears in Collections: | Articles to be qced |
Files in This Item:
File | Size | Format | |
---|---|---|---|
Regulatory Framework and Research.pdf Restricted Access | 4.65 MB | Adobe PDF | View/Open Request a copy |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.