{"id":"https://openalex.org/W3134635339","doi":"https://doi.org/10.1016/j.jimonfin.2021.102384","title":"Does a reduction of state control affect IPO underpricing? Evidence from the Chinese A-share market","display_name":"Does a reduction of state control affect IPO underpricing? Evidence from the Chinese A-share market","publication_year":2021,"publication_date":"2021-03-08","ids":{"openalex":"https://openalex.org/W3134635339","doi":"https://doi.org/10.1016/j.jimonfin.2021.102384","mag":"3134635339"},"language":"en","primary_location":{"id":"doi:10.1016/j.jimonfin.2021.102384","doi":"https://doi.org/10.1016/j.jimonfin.2021.102384","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2021.102384","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5054905293","display_name":"Hafiz Hoque","orcid":"https://orcid.org/0000-0002-4354-3895","observed_orcids":["https://orcid.org/0000-0002-4354-3895"]},"institutions":[{"id":"https://openalex.org/I52099693","display_name":"University of York","ror":"https://ror.org/04m01e293","country_code":"GB","type":"education","lineage":["https://openalex.org/I52099693"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Hafiz Hoque","raw_affiliation_strings":["Senior Lecturer in Finance, The York Management School, United Kingdom"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Senior Lecturer in Finance, The York Management School, United Kingdom","institution_ids":["https://openalex.org/I52099693"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5014242226","display_name":"Shaolong Mu","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Shaolong Mu","raw_affiliation_strings":["Independent Researcher"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Independent Researcher","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5054905293"],"corresponding_institution_ids":["https://openalex.org/I52099693"],"apc_list":{"value":2590,"currency":"USD","value_usd":2590},"apc_paid":null,"fwci":3.7779,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.92825427,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"115","issue":null,"first_page":"102384","last_page":"102384"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.5859000086784363,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.5859000086784363,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.36570000648498535,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.011300000362098217,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/ipo-underpricing","display_name":"IPO underpricing","score":0.9769999980926514},{"id":"https://openalex.org/keywords/state-control","display_name":"state control","score":0.7919999957084656},{"id":"https://openalex.org/keywords/market-orientation","display_name":"market orientation","score":0.4880000054836273},{"id":"https://openalex.org/keywords/information-production","display_name":"information production","score":0.7139999866485596},{"id":"https://openalex.org/keywords/public-supervision","display_name":"public supervision","score":0.5789999961853027},{"id":"https://openalex.org/keywords/a-share-market","display_name":"A-share market","score":0.7570000290870667},{"id":"https://openalex.org/keywords/ipo-market-efficiency","display_name":"IPO market efficiency","score":0.6179999709129333}],"concepts":[{"id":"https://openalex.org/C12559387","wikidata":"https://www.wikidata.org/wiki/Q185142","display_name":"Initial public offering","level":2,"score":0.9631223082542419},{"id":"https://openalex.org/C26503482","wikidata":"https://www.wikidata.org/wiki/Q1898080","display_name":"Underwriting","level":2,"score":0.8454020023345947},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.6062933802604675},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.5945693850517273},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.580218493938446},{"id":"https://openalex.org/C46304622","wikidata":"https://www.wikidata.org/wiki/Q374814","display_name":"Certification","level":2,"score":0.5434896945953369},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.5360693335533142},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5208981037139893},{"id":"https://openalex.org/C48103436","wikidata":"https://www.wikidata.org/wiki/Q599031","display_name":"State (computer science)","level":2,"score":0.4895707070827484},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4890945553779602},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.4239719808101654},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.33796870708465576},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3165830075740814},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.jimonfin.2021.102384","doi":"https://doi.org/10.1016/j.jimonfin.2021.102384","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2021.102384","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of International Money and Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jimfin:v:115:y:2021:i:c:s0261560621000334","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0261560621000334","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","score":0.47620001435279846,"id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":85,"referenced_works":["https://openalex.org/W1585959140","https://openalex.org/W1696396578","https://openalex.org/W1966905178","https://openalex.org/W1969348593","https://openalex.org/W1969632991","https://openalex.org/W1970029252","https://openalex.org/W1974419721","https://openalex.org/W1977207869","https://openalex.org/W1978927914","https://openalex.org/W1981566670","https://openalex.org/W1984060559","https://openalex.org/W1985268254","https://openalex.org/W1985733000","https://openalex.org/W1986140444","https://openalex.org/W1996034033","https://openalex.org/W1997895360","https://openalex.org/W1999115665","https://openalex.org/W2001086682","https://openalex.org/W2004501718","https://openalex.org/W2009915829","https://openalex.org/W2011192229","https://openalex.org/W2016647142","https://openalex.org/W2027665938","https://openalex.org/W2030702288","https://openalex.org/W2038181448","https://openalex.org/W2038663319","https://openalex.org/W2048875626","https://openalex.org/W2052377012","https://openalex.org/W2052536272","https://openalex.org/W2057206151","https://openalex.org/W2059156966","https://openalex.org/W2061015702","https://openalex.org/W2067413448","https://openalex.org/W2067982781","https://openalex.org/W2073567197","https://openalex.org/W2074168593","https://openalex.org/W2074700720","https://openalex.org/W2080247429","https://openalex.org/W2085162670","https://openalex.org/W2085282026","https://openalex.org/W2087865081","https://openalex.org/W2089858078","https://openalex.org/W2106579965","https://openalex.org/W2111008908","https://openalex.org/W2113725791","https://openalex.org/W2130009665","https://openalex.org/W2132582515","https://openalex.org/W2134033949","https://openalex.org/W2134391930","https://openalex.org/W2136855470","https://openalex.org/W2145855445","https://openalex.org/W2165055178","https://openalex.org/W2166325576","https://openalex.org/W2170522129","https://openalex.org/W2171980994","https://openalex.org/W2189821821","https://openalex.org/W2495642080","https://openalex.org/W2606315156","https://openalex.org/W2776779792","https://openalex.org/W2790647166","https://openalex.org/W2891145393","https://openalex.org/W2988082673","https://openalex.org/W3023160244","https://openalex.org/W3121224750","https://openalex.org/W3121851918","https://openalex.org/W3121987147","https://openalex.org/W3122058876","https://openalex.org/W3122240916","https://openalex.org/W3122248399","https://openalex.org/W3122367063","https://openalex.org/W3122433714","https://openalex.org/W3122637423","https://openalex.org/W3122638853","https://openalex.org/W3122846757","https://openalex.org/W3123463632","https://openalex.org/W3124175736","https://openalex.org/W3124194085","https://openalex.org/W3124253846","https://openalex.org/W3124611984","https://openalex.org/W3124747412","https://openalex.org/W3124948273","https://openalex.org/W3125337784","https://openalex.org/W3125760663","https://openalex.org/W4211243947","https://openalex.org/W7055503330"],"related_works":["https://openalex.org/W2959173001","https://openalex.org/W2369008414","https://openalex.org/W2293069496","https://openalex.org/W2585309260","https://openalex.org/W2583169605","https://openalex.org/W1583453241","https://openalex.org/W2485040807","https://openalex.org/W2048875626","https://openalex.org/W1974419721","https://openalex.org/W1510877092"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":5},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2022,"cited_by_count":6},{"year":2020,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-03-15T00:00:00"}