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http://hdl.handle.net/11718/17267| Title: | Mandatory IPO grading: does it help pricing efficiency? |
| Authors: | Agarwalla, Sobhesh Kumar Jacob, Joshy |
| Keywords: | Emerging Markets;IPO Certification;IPO Grading;IPO Underpricing |
| Issue Date: | 2015 |
| Publisher: | SAGE Publications |
| Citation: | acob, J., & Agarwalla, S. K. (2015). Mandatory IPO Grading: Does it Help Pricing Efficiency?. Vikalpa: The Journal For Decision Makers, 40(2), 132-144. |
| Abstract: | The article examines the influence of mandatory grading on the demand and pricing efficiency of initial public offerings (IPOs) in India. The study involves cross-sectional regressions of underpricing and demand as dependent variables with set of dependent variables to represent various firms, issue and market characteristics. Results show the absence of significant impact of grading on IPO pricing and demand, which is expected to guide the retail investors. |
| URI: | http://hdl.handle.net/11718/17267 |
| ISSN: | 0256-0909 |
| Appears in Collections: | Journal Articles |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Mandatory IPO Grading_Vikalpa_Joshy Jacob.pdf Restricted Access | 345.5 kB | Adobe PDF | View/Open Request a copy |
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