%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