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Feature Industry Peer Firms' Earnings Quality and IPO Underpricing Ji Yu Ling Tuo Da Wu PDF PDF Share Abstract We investigate the relation between peer firms' earnings quality and initial public offering (IPO) underpricing. By examining 3,711 IPOs from 1976 to 2013, we find that peer firms' earnings quality is negatively associated with IPO underpricing after controlling for IPO firm earnings quality and other attributes.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.