State Ownership, Firm Size, and IPO Performance: Evidence from Chinese 'A' Share Issues

Anthony Yanxiang Gu

American Business Review · 2003 · 40 citations · 0 references

Concepts

Abstract

Examines the impact of state ownership, firm size and initial public offering performance in China. High initial and short-term returns; Indication that firm size, has a significant positive impact on the Suggestion that investors believe that large companies are less risky and have stronger demand for their stocks.