underpricing in China, we examine the impact of local political uncertainty (measured by prefecture-level city official turnover … rate) on IPO underpricing. Design/methodology/approach - Using 2,259 IPOs of A-share listed companies from 2001 to 2019, we …) through which political uncertainty affects IPO underpricing. We check the robustness of the results using bootstrap tests …

This study explores the impact of IPO prospectus language on the prevalent underpricing in European IPOs, using natural …, positive, and uncertain language, as well as the degree of document similarity and IPO underpricing. For this purpose … methodological approaches to textual analysis. The results establish a clear relationship between underpricing and multiple …

(IPO) underpricing and identify the reducing effect of the former. Design/methodology/approach The authors examine the … analysis to identify whether there are ATPs in the IPO firm chapters, as well as the number of ATPs. H1: IPO underpricing is … less severe for firms adopting ATPs. H2: The effect of ATP adoption on IPO underpricing is more salient for firms in worse …