Cognitive reference points, institutional investors' bid prices, and IPO pricing: Evidence from IPO auctions in China

Shenghao Gao; Qingbin Meng; Jesse Chan; Kam C. Chan

doi:10.1016/j.finmar.2017.09.002

Journal of Financial Markets Vol. 38 2018

Cognitive reference points, institutional investors' bid prices, and IPO pricing: Evidence from IPO auctions in China

Shenghao Gao¹; Qingbin Meng²; Jesse Chan³; Kam C. Chan^4,5

¹ Beijing Jiaotong University · ² Renmin University of China · ³ The University of Texas at Austin · ⁴ Western Kentucky University · ⁵ Zhongnan University of Economics and Law

DOI: 10.1016/j.finmar.2017.09.002
Volume: 38
Pages: 124-140
Language: en
Sources: crossref openalex

Cognitive reference points, institutional investors' bid prices, and IPO pricing: Evidence from IPO auctions in China

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