An empirical analysis of the efficiency of online auction IPO processes and traditional IPO processes
Authors
Hensel, Nayantara
Subjects
auctions
flotation of companies
pricing
electronic commerce
United States of America
flotation of companies
pricing
electronic commerce
United States of America
Advisors
Date of Issue
2009
Date
Publisher
Emerald Publishing
Language
Abstract
Purpose - The purpose of this paper is to examine whether the online auction mechanism in the USA is more effective at pricing initial public offerings (IPOs) than the traditional book building process.
Type
Article
Description
DOI 10.1108/17439130910969729
Series/Report No
Department
Organization
Business & Public Policy (GSBPP)
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
International Journal of Managerial Finance, v.5, no.3, 2009, pp.268-310