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1-2 of 2
Keywords: underpricing
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Journal Articles
Journal:
Accounting Horizons
Accounting Horizons (2022) 36 (4): 189–218.
Published: 01 December 2022
... specialization and that clients with an IPO specialist auditor exhibit lower levels of underpricing relative to clients without an IPO specialist auditor. We also demonstrate that IPO specialist auditors provide higher quality audits than IPO auditors without IPO audit specialization, finding that their IPO...
Journal Articles
Journal:
Accounting Horizons
Accounting Horizons (2021) 35 (1): 47–64.
Published: 01 March 2021
... experience use their knowledge and experience to decrease information asymmetry at the IPO, leading to lower underpricing. Neither of the other two types of FE helps to improve IPO underpricing. We also find that executive board members with accounting-based experience are associated with shorter IPO...
