This paper investigates the effects of export in the underpricing phenomenon of the Chinese IPO markets, using data from 1,285 IPO firms listed on the Shanghai and Shenzhen Exchanges from 1987 to 2015, and find that exports have a negative effect on initial returns. Second, the effect of exports...

In order to compare the telecommunication service prices of the member countries, OECD announces biannually country rankings of the best offer prices calculated using representative user baskets definition. Whereas the existing criticisms on such OECD price index focused mainly on the...

This paper examines the effects of foreign indirect investment (FII), particularly focusing on exporting activities, on the stock market performances of Chinese firms, using data of 1,341 firms that went public on the Shanghai and Shenzhen Stock Exchanges from 2003 to 2015. We find that the...

This study examines the influence of exports, IPO duration, and government protection on the initial returns and long-run performance of IPO firms in the Chinese stock markets. Focusing specifically on underpricing in both initial returns and post-IPO long-run market performance that previous...

Korean Abstract: 국내 유료방송 시장에서 IPTV 서비스가 크게 성장한 데 이어 인터넷 기반의 N스크린 서비스와 OTT서비스가 등장함에 따라 기존의 종합유선방송(SO) 서비스의 점유율이 지속적으로 하락하고 있다. 한편...

We assess how the advent of smartphones affected consumer switching costs in the mobile communications market, using data from two surveys conducted in South Korea. A nested logit random utility model is employed to explain consumers' choice over service type and carrier, and to estimate...