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Biases in the IPO Pricing Process

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NBER2001-11-01 更新2025-01-04 收录
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By investigating the entire IPO pricing process, beginning when the offering is filed, the paper contributes to the existing literature along four dimensions. First, price updates during the registration period are predictable based on firm and offer-specific characteristics known at the time the

创建时间:
2001-11-01
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