TITLE

IPO Underpricing in Regulated Industries

AUTHOR(S)
Cagle, Julie; Porter, Gary E.
PUB. DATE
September 1996
SOURCE
Journal of Economics & Finance;1996 Supplement, Vol. 20, p27
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Compares initial public offering pricing across regulated industry groups. Differences between the regulator, capital standards and competition hypotheses in relation to IPO prices; Less underpricing of financial institution IPO than IPO of other firms; Consistency of the evidence with the capital standards hypothesis.
ACCESSION #
9004075

 

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