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Keywords: Quasi-moderator
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Journal Articles
Journal of Asian Business and Economic Studies (2023) 30 (4): 296–308.
Published: 23 March 2022
... is necessary for divergence of beliefs to influence IPO initial return. However, at the middle quantile of initial return, investor demand is a quasi-moderator. That is, the OSR not only moderates the relationship between the divergence of beliefs and initial return but also has a positive effect...
