政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/4145

English | 正體中文 | 简体中文 | Post-Print筆數 : 27 | Items with full text/Total items : 113648/144635 (79%)
Visitors : 51615110 Online Users : 207

RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.

Home ‧ Login ‧ Upload ‧ Help ‧ About ‧ Administer

政大機構典藏 > 商學院 > 財務管理學系 > 國科會研究計畫 > Item 140.119/4145

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/4145

Title:	IPO承銷機制決定因素與其對折價之影響
Other Titles:	Determinants of IPO Selling Mechanism and the Associated
Authors:	徐燕山
Keywords:	初次公開上市;承銷方法;公開申購;競價拍賣 Initial Public Offerings;Selling Mechanisms;Fixed-price Open Offer;Auction
Date:	2002
Issue Date:	2007-04-18 16:41:52 (UTC+8)
Publisher:	臺北市：國立政治大學財務管理學系
Abstract:	本研究的目的，在探討研究 IPO 發行公司的特質以及其他市場因素是否會影響承銷方法之選擇，以及其影響折價的幅度。本文首先將臺灣 IPOs 市場中自民國 85 年至民國 89 年間首次公開發行的公司，按高科技與否分成兩組樣本，分別求出影響其承銷機制的因素後，再將發行前的因素用以探討其對折價程度的影響。實證結果顯示，不論高科技與否，新股發行前的市場波動程度影響了承銷機制的選擇。此外，創投公司的參與也影響高科技公司的決策；同時期其他 IPO 之折價程度則影響非高科技公司之決策。至於發行後折價程度的影響，主要是受發行當時市場行情之影響，承銷機制的選擇則無顯著的影響力。 The purpose of this research is to empirically study the determinants of the IPO selling mechanism and its associated underpricing. We collect all IPOs during the period from January 1996 to June 2000 and divide them into two groups: high-tech and non-high-tech. Evidence from both groups indicates that market uncertainty before affect issuers` decision. Besides, contemporaneous market conditions dominate underpricing of IPOs.
Description:	核定金額：336000元
Data Type:	report
Appears in Collections:	[財務管理學系] 國科會研究計畫

Files in This Item:

File	Description	Size	Format
912416H004041.pdf		113Kb	Adobe PDF2	1968	View/Open

社群 sharing

著作權政策宣告 Copyright Announcement

1.本網站之數位內容為國立政治大學所收錄之機構典藏，無償提供學術研究與公眾教育等公益性使用，惟仍請適度，合理使用本網站之內容，以尊重著作權人之權益。商業上之利用，則請先取得著作權人之授權。
The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

2.本網站之製作，已盡力防止侵害著作權人之權益，如仍發現本網站之數位內容有侵害著作權人權益情事者，請權利人通知本網站維護人員(nccur@nccu.edu.tw)，維護人員將立即採取移除該數位著作等補救措施。
NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.

Loading...