Auctions versus book-built IPOs in Japan: A comparison of aftermarket volatility

Author:

Pettway Richard H.,Thosar Satish,Walker Scott

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference20 articles.

1. How investment bankers determine the offer price and allocation of new issues;Benveniste;Journal of Financial Economics,1989

2. IPO auctions: English, Dutch,… French and Internet;Biais;Journal of Financial Intermediation,2002

3. How Should a Firm Go Public? A Dynamic Model of the Choice between Fixed Price Offerings and Auctions in IPOs and Privatizations;Chemmanur,2003

4. Stock auction bidding behavior and information asymmetries: an empirical analysis using the discriminatory auction model framework;Chen;Journal of Banking and Finance,2003

5. Chen, H.C., Fok, R.C., Wang, Y.J., in press. Why do underwriters charge low underwriting fees for initial public offerings in Taiwan? Journal of Business, Finance and Accounting.

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