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Keywords: Costly negotiation
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Journal Articles
Evolution of integer price clustering of IPOs in the aftermarket
Available to Purchase
Journal:
Nankai Business Review International
Nankai Business Review International (2014) 5 (4): 365–381.
Published: 28 October 2014
...Qiming Wang Purpose – The purpose of this paper is to, using a large sample of NASDAQ initial public offerings (IPOs), examine the evolution of integer price clustering of IPOs in the aftermarket trading. Design/methodology/approach – Consistent with Harris’s (1991) costly negotiation...
