The chinese IPO examination mechanism affected by administrative factors:: New evidence from rejected IPO firms

• Autores: Hai Long, Zhaoyong Zhang
• Localización: Journal of economic research, ISSN 1226-4261, Vol. 19, Nº. 2, 2014, págs. 171-195
• Idioma: inglés
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• Resumen

  • Administrative factors permeate the chinese fianacial market. This study provides an insight into the emerging government-dominated IPO market. Using up-to-date data from 520 listed firms and 140 rejected IPO applicants in the chinese stock market over 2006 to 2012.