Date of Award
Spring 2019
Degree Name
Bachelor of Science (BS)
Advisor(s)
Nemmara Chidambaran
Abstract
The purpose of the research paper is to examine the IPO fee environment and its implications with the corresponding IPO activities of Chinese companies. For the study, the data sample is collected for the IPO activities around the world from 2009 to 2018. For research purposes, only the data for Chinese and U.S. IPOs in that period is looked into. Based on the data collection, independent variables that indicate possible factors that affect the IPO activities including IPO gross spreads which capture the IPO fee level, and dependent variables that indicate IPO activities are identified in order to perform statistical tests. 48 statistical tests based on regression method are performed and several statistically significant results are found. According to the research results, it is mainly found out that statistical significance exists between dependent variable Number of Deals and independent variable Average Percentage Gross Spread on both non-lagged and lagged bases for the monthly Chinese data between 2009 and 2018 with a positive correlation.
Recommended Citation
Yao, Yao, "IPO Gross Spreads and Their Implications with IPO Activities of Chinese Companies" (2019). Gabelli School of Business Honors Thesis Collection. 105.
https://research.library.fordham.edu/gabelli_thesis/105
