Pre-Issue Information Gathering Activities of the Bookbuilding Process and the Partial Adjustment Hypothesis in the Korean IPO Market

Korean Journal of Financial Studies 2005;34(3):1-36.
Published online September 30, 2005.

수요예측을 통한 신규공모주의 공모가격 결정과 부분조정 가설(Partial-Adjustment Hypothesis)에 관한 연구

최문수

Key Words: 가치평가방법,공모주 저평가,부분조정가설,수요예측,신규공모주 가치,IPOs,Partial-adjustment hypothesis,Pre-issuing information gathering activities,Underpricing,Valuation models

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