Release Time:2019-03-12  Hits:

Indexed by: Conference Paper

Date of Publication: 2014-01-01

Included Journals: CPCI-SSH

Page Number: 47-52

Key Words: Institutional Investor; IPO Underpricing; Behavioral Finance

Abstract: This paper reviews the impact of institutional investor on IPO underpricing from three angles, which is the angle of information asymmetry theory, the angle of information symmetry theory, the angle of behavioral finance theory. Then it gives a brief evaluation to the existing research and puts forward suggestions, hoping to provide some references for further research.