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demonstrate through a time series analysis that the IPO underwriting spreads seem to be competitive, in contrast to the findings of Chen and Ritter (2000). INTRODUCTION A total of 12 chapters in this volume represent some current research on important topics in finance and economics. Shanghai Finance University, Shanghai, China
Rotman School of Management, University of Toronto, Toronto, Ontario, Canada National Graduate School of Management, The Australian National University, Canberra, Australia The Belk College of Business Administration, University of North Carolina at Charlotte, Charlotte, NC, USA Northwestern State University, Natchitoches, LA, USA School of Finance and Applied Statistics, The Australian National University, Canberra, Australiaĭepartment of Accounting and Finance, College of Business, Florida Gulf Coast, University, Ft. International Business Program, University of Texas – San Antonio, San Antonio, TX, USAīrantley Risk and Insurance Center, College of Business, Appalachian State University, Boone, NC, USA Graduate School of International Studies, Chang-Ang University, Seoul, KoreaĮconomic Research Department, Federal Reserve Bank of San Francisco, San Francisco, CA, USAĬitigroup Global Markets Asia Limited, Citibank Plaza, Hong KongĬollege of Business, Florida State University, Tallahassee, FL, USAĬollege of Business, Northwestern State University, Natchitoches, LA, USAĭepartment of Finance, Feng Chia University, Taichung, Taiwan Schulich School of Business, York University, Toronto, Ontario, CanadaĬox School of Business, Southern Methodist University, Dallas, TX, USAĭeGroote School of Business, McMaster University, Hamilton, Ontario, Canadaĭepartment of Finance, John Grove College of Business, Shippensburg University, Shippensburg, PA, USA LECG LLC and Haas School of Business, UC Berkeley, CA, USA British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library ISBN: 978-0-7623-1377-8 ISSN: 0196-3821 (Series)Īwarded in recognition of Emerald’s production department’s adherence to quality systems and processes when preparing scholarly journals for print The opinions expressed in these chapters are not necessarily those of the Editor or the publisher. No responsibility is accepted for the accuracy of information contained in the text, illustrations or advertisements. JAI Press is an imprint of Emerald Group Publishing Limited Howard House, Wagon Lane, Bingley BD16 1WA, UK First edition 2008 Copyright r 2008 Emerald Group Publishing Limited Reprints and permission service Contact: No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. United Kingdom – North America – Japan India – Malaysia – China Cox School of Business, Southern Methodist University, TX, USA
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