Fedorova, Elena; Druchok, Sergei; Drogovoz, Pavel - In: International Journal of Accounting & Information Management 30 (2021) 1, pp. 73-94
Purpose: The goal of the study is to examine the effects of news sentiment and topics dominating in the news field prior to the initial public offering (IPO) on the IPO underpricing. Design/methodology/approach: The authors’ approach has several steps. The first is textual analysis. To detect...