Research on IPO Approval for GEM and International Comparison
- DOI
- 10.2991/icemit-15.2015.163How to use a DOI?
- Keywords
- GEM, IPO Approval, International Comparison
- Abstract
October 30, 2009 was the first trading day of the new Growth Enterprises Market (hereinafter, GEM) in Shenzhen. With the rapid growth of GEM, the mechanism of IPO approval has attracted the attention of more and more researchers. As we know, a proper IPO approval is the precondition of the success of GEM. Therefore, we cannot emphasize the importance of impartiality and effectiveness in IPO approval process too much. Based on the considerations, this paper explores the characters of Chinese IPO approval, compares the differences between Chinese IPO approval process and others countries’. Finally, we make empirical study to test the determinants of IPO approval in China GEM. Both qualitative analysis and quantitative analysis are used in the paper.
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Jian-Ying He PY - 2015/10 DA - 2015/10 TI - Research on IPO Approval for GEM and International Comparison BT - Proceedings of the International Conference on Education, Management and Information Technology PB - Atlantis Press SP - 787 EP - 791 SN - 2352-5398 UR - https://doi.org/10.2991/icemit-15.2015.163 DO - 10.2991/icemit-15.2015.163 ID - He2015/10 ER -