摘要
以2009年7月10日至2015年7月2日的A股IPO数据为样本,分析承销费用与IPO抑价的关系以及承销商持股的不同情况对承销费用与IPO抑价关系产生的影响。结果显示,承销费用与IPO抑价呈正相关关系,承销商持股数量的增加会增强承销费用与IPO抑价之间的正相关关系。
With IPO data from July 10,2009 to July 2,2015 in Chinese A stock market,the relationship between underwriter spread and IPO underpricing is analyzed,and how does underwriter share holding affect the relationship between underwriter spread and IPO underpricing is dealt with. The results show that the underwriter spread and IPO underpricing are positively correlated,and underwriter share holding will strengthen the positive correlation between underwriter spread and IPO underpricing.
出处
《福建农林大学学报（哲学社会科学版）》
2016年第1期40-44,60,共6页
Journal of Fujian Agriculture and Forestry University(Philosophy and Social Sciences)
基金
福建省教育厅人文社会科学研究项目(K8011011A)
关键词
承销费用
承销商持股
IPO抑价
underwriter spread
underwriter share holding
IPO underpricing
