by Hui Sheung Yin, Yim Kam Kin. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 69-70). / abstract --- p.ii / table of contents --- p.iii / list of tables --- p.v / acknowledgments --- p.vi / Chapter Chapter I. --- INTRODUCTION --- p.1 / Chapter Chapter II. --- literature review --- p.4 / Ivo Welch (1989) --- p.4 / Rock (1986) --- p.5 / Beatty and Ritter (1984) --- p.6 / "Kim, Krinsky and Lee (1993)" --- p.7 / McGuiness (1990) --- p.8 / Grinblatt and Hwang (1989) --- p.9 / Thomas J. Chemmanur (1993) --- p.10 / Chapter Chapter III. --- RESEARCH METHODOLOGY --- p.11 / Data Description --- p.11 / The Measurement of Underpricing Levels - --- p.14 / The Determination of IPO Underpricing --- p.17 / Explanation 1 for IPO: Uncertainty --- p.19 / Explanation 2 for IPO: Underwriter's Quality --- p.20 / Explanation 3 for IPO: Signaling Effect --- p.22 / Chapter Chapter IV. --- RESULTS AND DISCUSSION --- p.24 / First Day Initial Excess Return --- p.24 / Correlation between Initial Excess Return and determinations --- p.27 / Multivariate Regression Analysis --- p.29 / Chapter Chapter V. --- CONCLUSION --- p.36 / APPENDIXES / Chapter 1. --- Listing Requirements and Methods of Listing (For Equity Securities) --- p.38 / Chapter 2. --- Ranking of Underwriters --- p.41 / Chapter 3 . --- Correlation Matrix for Initial Excess Return and Explanatory Variables --- p.43 / Chapter 4. --- Selected Hong Kong Initial Public Offerings April 86 - December 92 --- p.44 / Chapter 5. --- Percentage Price Change From Offer Price of the end of the First Trading Day --- p.51 / Chapter 6. --- "Daily Excess Return, Periods: First Day to Seventh Day after listing" --- p.55 / Chapter 7. --- "Daily Excess Return, Periods: 8th to 10th, 15th, 20th, 25th and 30th day after listing" --- p.62 / BIBLIOGRAPHY --- p.69
Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_319319 |
Date | January 1994 |
Contributors | Hui, Sheung Yin., Yim, Kam Kin., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
Publisher | Chinese University of Hong Kong |
Source Sets | The Chinese University of Hong Kong |
Language | English |
Detected Language | English |
Type | Text, bibliography |
Format | print, vi, 70 leaves ; 30 cm. |
Coverage | China, Hong Kong, China, Hong Kong |
Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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