An examination of factors that account for differences in the degree of IPO underpricing between China and South Korea : a case for high technology sector

Zhang, Xiao

dc.contributor.advisor	Boabang, Francis
dc.coverage.spatial	China
dc.coverage.spatial	Korea (South)
dc.creator	Zhang, Xiao
dc.date.accessioned	2015-05-11T14:00:45Z
dc.date.available	2015-05-11T14:00:45Z
dc.date.issued	2014
dc.identifier.uri	http://library2.smu.ca/xmlui/handle/01/26114
dc.description	1 online resource (v, 41 p.)
dc.description	Includes abstract and appendices.
dc.description	Includes bibliographical references (p. 27-28).
dc.description.abstract	This paper examines the factors for IPO underpricing phenomenon in China and South Korea over the period 2010 to 2014. This paper uses the IPO samples extracted from the technology sector and the sample consists of 164 IPO issues covering the period 2010 and 2014 in these two countries. Besides, the paper examines the relationship between these factors and the degree of IPO underpricing for Chinese and South Korea technology companies.The paper finds that offer price, D/E ratio and pre-tax income per share play an important role in explaining IPO underpricing for technology sector in China and South Korea. The results confirm that issue size and offer timing has an insignificant effect on initial return.	en_CA
dc.description.provenance	Submitted by Greg Hilliard (greg.hilliard@smu.ca) on 2015-05-11T14:00:45Z No. of bitstreams: 1 Zhang_Xiao_MRP_2014.pdf: 845342 bytes, checksum: 2f6d5d4e2e30464eb81b7c9271f91f0e (MD5)	en
dc.description.provenance	Made available in DSpace on 2015-05-11T14:00:45Z (GMT). No. of bitstreams: 1 Zhang_Xiao_MRP_2014.pdf: 845342 bytes, checksum: 2f6d5d4e2e30464eb81b7c9271f91f0e (MD5) Previous issue date: 2014-09-19	en
dc.language.iso	en	en_CA
dc.publisher	Halifax, N.S. : Saint Mary's University
dc.title	An examination of factors that account for differences in the degree of IPO underpricing between China and South Korea : a case for high technology sector	en_CA
dc.type	Text	en_CA
thesis.degree.name	Master of Finance
thesis.degree.level	Masters
thesis.degree.discipline	Finance, Information Systems, & Management Science
thesis.degree.grantor	Saint Mary's University (Halifax, N.S.)