...Sahil Narang; Rudra P. Pradhan Purpose An initial public offering (IPO) is a process in which a company sells its shares to the public for the first time. This study examines whether underwriter network centrality influences key outcomes of an IPO process, including investor participation, pricing...

...Kavita Wadhwa; Sudhakara Reddy Syamala Purpose The purpose of this paper is to study the reallocation of initial public offering (IPO) shares to retail investors, non-institutional buyers (NIBs) and qualified institutional buyers (QIBs). The authors examine how the reallocation process is related...

...Mohammed Abdullah Ammer; Nurwati A. Ahmad-Zaluki Purpose – Underpricing is one of the most important anomalies associated with initial public offerings (IPOs). The purpose of this paper is twofold; first, it examines the impact of underwriter’s market share and spread on the underpricing of IPOs...

...Michele Meoli; Andrea Signori; Silvio Vismara Purpose – The purpose of this paper is to relate the fees paid to IPO underwriters to the nature and quality of the services they provide. Design/methodology/approach – Controlling for the characteristics of the firm going public, the risk...