This article compares the initial returns of privatization initial public offerings (IPOs) to those of privately …-owned enterprises and investigates the determinants of short-run performance of privatization IPOs, using a sample of 185 privatization … comparing privatization IPOs to the private IPOs, the cross-sectional determinants of privatization initial returns are analyzed …

capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

Our study investigates by which channels IPO underpricing impacts post-listing liquidity. Using a sample of IPOs …

merger for SPACs is increasing if they are able to; announce the deal soon after the IPO, focus that deal on China and have … their IPO underwritten by EarlyBirdCapital …

small but profitable firms choose ChiNext and large firms backed by foreign venture capital prefer US exchanges as their IPO …

This paper examines the relationship between ownership structures and IPO long-run performance of non-SOEs in China …. Although non-SOEs underperform the market in general after IPO but the poor performance is mainly caused by the IPOs with … three years post-IPO performance in adjusted buy-and-hold returns. Non-SOEs with control-ownership wedge have higher …

-backed IPO firms are significantly younger and smaller than IPO companies backed by venture capital firms that are subsidiaries … and go public on stock exchanges with less strict listing requirements due to their immaturity. Young and small IPO …