%0 Journal Article
	%A Chih-Hsiang Chang and  I-Fan Ho
	%D 2015
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 97, 2015
	%T IPO Price Performance and Signaling
	%U https://publications.waset.org/pdf/10000290
	%V 97
	%X This study examines the credibility of the signaling as
explanation for IPO initial underpricing. Findings reveal the initial
underpricing and the long-term underperformance of IPOs in Taiwan.
However, we only find weak support for signaling as explanation of
IPO underpricing.

	%P 188 - 191