首页> 外文会议>IEEE international conference on information management and engineering >Research on Under-pricing of Initial Public Offerings in Our Country's Growth Enterprise Market
【24h】

Research on Under-pricing of Initial Public Offerings in Our Country's Growth Enterprise Market

机译:我国创业板市场首次公开发行定价过低的研究

获取原文

摘要

Our country's Growth Enterprise Market (GEM) is oriented to the venture enterprises which are still in the growth period, and stresses on supporting independent innovation enterprises, thus the different batches of companies which have been going on public in GEM should have some characteristics which different with other markets in Under-pricing of initial public offerings (IPO) and their influence factors and so on. This paper has firstly summarized the present research situation and explanation theory of the under-pricing of IPO; Secondly, it collected many index of GEM IPO companies and did some correlated analysis with data analyzing soft tools. Thirdly, it selected some index such as earnings per share, lot winning rate, turnover rate on the first day, interval time between issuing and transacting day, funds raised actually from IPO and so on, built regression model and did linear regression analysis, then analyzed on under-pricing of IPO and it's influence factor in our country's GEM from the theory and empirical point. Finally, it put forward to some correlated suggestions on how to perfect our country's GEM.
机译:我国的创业板市场主要针对仍处于成长期的创业企业,并着力支持自主创新企业,因此创业板上市的不同批次的企业应具有不同的特点。与其他市场进行首次公开​​发行(IPO)定价过低及其影响因素等。本文首先总结了IPO定价偏低的研究现状和解释理论。其次,它收集了许多创业板IPO公司的指数,并与数据分析软件工具进行了一些相关分析。第三,选择每股收益,中签率,首日换手率,发行日与交易日之间的时间间隔,首次公开募股实际募集资金等指标,建立回归模型,进行线性回归分析。从理论和实证角度分析了IPO定价偏低及其对我国创业板的影响因素。最后,对如何完善我国的创业板提出了一些相关的建议。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号