Analysis of the Relationship Between New Stock Issue and Price Determination and Information Efficiency

DOI

10.2991/assehr.k.210519.056How to use a DOI?

Keywords

IPO; The price, Sure, Information, Efficiency, Covariance structure model

Abstract

Based on the understanding of new shares, the price is determined and the relationship between the efficiency, according to the presented between the multi-level and multi-dimensional characteristics, build a has the internal logic relations, can be intuitive show the theoretical framework of influence factors, and using covariance structure model analysis method of experiment and analysis, It is clear that the information efficiency of IPO pricing in China is limited.

Copyright

© 2021, 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/).

Download article (PDF)

TY  - CONF
AU  - Haoyuan Wang
AU  - Wangui Sun
PY  - 2021
DA  - 2021/05/20
TI  - Analysis of the Relationship Between New Stock Issue and Price Determination and Information Efficiency
BT  - Proceedings of the 7th International Conference on Humanities and Social Science Research (ICHSSR 2021)
PB  - Atlantis Press
SP  - 285
EP  - 288
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210519.056
DO  - 10.2991/assehr.k.210519.056
ID  - Wang2021
ER  -