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Research Article

Investor sentiment, issuance cost, and IPO underpricing: an empirical analysis of Shanghai Stock Exchange A-shares

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References

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  • Espenlaub, S., A. Goyal, and A. Mohamed. 2019. “The Impact of Shareholders and Creditors Rights on IPO Performance: An International Study.” The British Accounting Review 52 (1): 100872. doi:10.1016/j.bar.2019.100872.
  • Jiang, L., and G. Li. 2013. “Investor Sentiment and IPO Pricing during Pre-market and Aftermarket Periods: Evidence from Hong Kong.” Pacific-Basin Finance Journal 23: 65–82. doi:10.1016/j.pacfin.2013.01.006.
  • Li, X., S. S. Wang, and X. Wang. 2019. “Trust and IPO Underpricing.” Journal of Corporate Finance 56: 224–248. doi:10.1016/j.jcorpfin.2019.02.006.
  • Ooi, J. T. L., M. Mori, and W. C. Wong. 2019. “Rationale behind IPO Underpricing: Evidence from Asian REIT IPOs.” Real Estate Economics 47 (1): 104–137. doi:10.1111/1540-6229.12243.
  • Smales, L. A. 2017. “The Importance of Fear: Investor Sentiment and Stock Market Returns.” Applied Economics 49 (34): 3395–3421. doi:10.1080/00036846.2016.1259754.

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