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IPO抑价的成因及控制策略研究

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摘要 IPO抑价,是指新股发行定价存在低估现象,即新股发行定价低于新股市场价值,表现为新股发行明显低于新股上市首日收盘价,上市首日即能获得显著的超额回报。大量的研究发现:成熟市场的发行抑价程度低于新兴市场的新股抑价程度,这表明成熟市场的新股发行价格更接近市场价格。IPO抑价问题普遍存在于全球的股票市场,而这一问题在我国尤为明显。
机构地区 河北大学
出处 《管理观察》 2009年第8期189-189,共1页 Management Observer
关键词 IPO 成因 控制
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