股票IPO理论研究新进展

被引:6
作者
于栋
机构
[1] 天津大学天津
关键词
IPO; IPO行为; IPO定价; 股票配置;
D O I
10.16822/j.cnki.hitskb.2003.04.016
中图分类号
F830.9 [金融市场];
学科分类号
1201 ; 020204 ;
摘要
股票IPO的短期收益与长期回报之间的巨大反差引起了学者们的广泛研究。市场环境和公司所处的生命周期理论是IPO的原因。建立在不对称信息基础上的理论揭示了抑价现象,非理性行为和政策的差别及变化对这一理论提出了挑战。股票的配置理论因其对很多问题有重要影响而备受关注。股票上市后长期表现不佳是股票首次公开发行后争议颇多的问题,股市微观结构的改善是解决这一问题的关键。
引用
收藏
页码:73 / 77
页数:5
相关论文
共 18 条
[1]  
Allocation of IPO and flipping activity. Reena Aggarwal. The Journal of Finance . 2002
[2]  
A review of IPO activity,pricing, and allocations. Jay Ritter,Ivo Welch. The Journal of Finance . 2003
[3]  
Investor protection and corporate governance. Rafael La Porta,Florencio Lopez-de-Silanes,Andrei Shleifer,Robert Vishny. The Journal of Finance . 2000
[4]  
TakeoverdefensesatIPOfirms. LauraC Field,JonathonKarpoff. JournalofFinance . 2002
[5]  
Stabilization ,Syndication , and pricing of IPOs. Bhagwan Choedhry,Vikram Nanada. The Journal of Finance . 1996
[6]  
Do equity financing cycles matter? Evidence from biotechnology alliances. Josh Lerner,Hilary Shane,Alexander Tsai. The Journal of Finance . 2003
[7]  
Partial adjustment to public information and IPO underpricing. Daniel Bradley,Bradford Jordan. The Journal of Finance . 2002
[8]  
Bookbuilding and strategic allocation. Francesca Cornelli,David Goldreich. The Journal of Finance . 1999
[9]  
A theory of IPO versus takeover. W. A. Zingales. The Journal of Finance . 1996
[10]  
International cross-listing and stock market development in emerging economics. Hargis Kent. International Review of Economics and Fiance . 2000