中国沪市IPO抑价组成的实证研究  

Empirical Analysis to IPO Underpricing's Constitution in Shanghai Stock Exchange

作　　者：张群[1] 陆珩瑱[1] 刘铭[1] 

机构地区：[1]南京航空航天大学,南京211100

出　　处：《价值工程》2011年第4期135-136,共2页Value Engineering

摘　　要：IPO抑价现象自被提出之日就受到了众多学者的关注,根据对IPO抑价组成的分析,我们认为IPO抑价应该包含故意抑价和由投资者非理性行为引起的抑价两部分。本文将利用随机前沿模型对中国IPO抑价的组成进行实证研究。Since IPO underpricing phenomenon proposed,it received many scholars＇ attention.According to the analysis on the composition of the IPO underpricing,we think IPO underpricing should contain two parts：one is intentionally underpricing and the other is caused by the investors＇ irrational behavior.Thus,this study will do empirical analysis to IPO underpricing＇s constitution in Shanghai stock exchange based on the Stochastic Frontier Model.

关 键 词：IPO抑价 抑价组成 随机前沿模型 

分 类 号：F20[经济管理—国民经济]